First Data IPO Seeks to Raise $3.2B: Why Is It Worth So Much? (video)
First Data Seeks to Raise $3.2B: Why Is It Worth So Much? - Jay Ritter, a University of Florida professor, and Bloomberg's Alex Barinka discuss First Data seeking to raise as much as $3.2 billion in what’s poised to be the biggest U.S. initial public offering this year. They speak with Bloomberg's Emily Chang on "Bloomberg West," October 1, 2015. First Data Announces Launch of its Initial Public Offering | First Data: "October 1, 2015 – First Data (“First Data”) today announced the launch of its initial public offering of 160,000,000 shares of its Class A common stock. The initial public offering price is expected to be between $18.00 and $20.00 per share. First Data expects to grant the underwriters a 30-day option to purchase up to an additional 24,000,000 shares of its Class A common stock at the initial public offering price. First Data has applied to list shares of its Class A common stock on the New York Stock Exchange under the symbol “FDC”..."
Domain name: firstdata.com
Investor Relations | First Data: "Around the world, every second of every day, First Data helps make payment transactions secure, fast and easy for merchants, financial institutions and their customers. First Data leverages its vast product portfolio and expertise to drive customer revenue and profitability. Whether the choice of payment is by debit or credit card, gift card, check or mobile phone, online or at the checkout counter, First Data takes every opportunity to go beyond. On September 24, 2007, First Data was acquired by an affiliate of Kohlberg Kravis Roberts & Co. [KKR] and became a private company."
