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CD&R and GTCR Halt Talks to Acquire Global Payments

Investing.com +2 · ·by G4L

GPN
GPN Global Payments Inc
$91.90 +4.21%
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PYPL +1.68% FISV +3.71%
  1. 1Private equity firms CD&R and GTCR have halted discussions regarding a potential acquisition of Global Payments.
  2. 2Global Payments shares fell 9% on Thursday.
  3. 3Global Payments has a market capitalization of $26.4 billion.

So what's the key point?

Investment firms stopped their discussions about buying Global Payments. Following this news, the stock price fell by 9 percent.

Source Investing.com +2 · View original ↗

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