Denver Post: First Data pursues Concord cautiously
Aldo Svaldi reports on First Data's approach to merging with Concord EFS.
First Data has followed a more sober approach to buyouts ever since struggling through the 1995 merger with Atlanta-based First Financial Management Corp., the parent of Western Union. "We stopped reading our own press clippings and decided we weren't the best operating company," Fote told a Denver audience at the Rocky Mountain Corporate Growth Conference on Thursday.
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