First Data Completes Concord EFS Merger
First Data Corp. announced this morning the closing of its merger with Concord EFS.
"We are delighted to complete the merger between First Data and Concord. The new company will bring significant offerings to the payments industry, including more choices at the point of sale, to benefit consumers, merchants and banks alike," said First Data Chairman and CEO Charlie Fote. "We appreciate the hard work and dedication of everyone involved in the merger approval process and look forward to delivering on our promise of bringing more choice, voice and innovation to the industry through the strategic integration of these two businesses."
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