(Reuters) - The buyout is on track to close in the third quarter, Chairman and Chief Executive Ric Duques said on a conference call.
First Data agreed in April to sell itself to Kohlberg Kravis Roberts & Co. for $34 a share, but difficult conditions in the debt markets have made investors increasingly skeptical about whether the deal will close on time at that price.
Read more at Reuters.com Market News
First Data agreed in April to sell itself to Kohlberg Kravis Roberts & Co. for $34 a share, but difficult conditions in the debt markets have made investors increasingly skeptical about whether the deal will close on time at that price.
Read more at Reuters.com Market News
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