Fiserv to buy First Data for $22 bln, KKR to own 16 pct of combined company


First Data Chairman and CEO Frank Bisignano (C) rings a bell to signal the start of trading after his company's IPO on the floor of the New York Stock Exchange on October 15, 2015. REUTERS/Brendan McDermid
KKR just took another big step in its years-long exit of First Data, the payments company it acquired for $26 billion 11 years ago. Financial technology giant Fiserv announced on Jan. 16 that it agreed to buy the Atlanta payments processor ...

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