Global Payments buying Total System Services in $21.5 bn deal

Global Payments buying Total System Services in $21.5 bn deal

Payment technology company Global Payments said on Tuesday it would buy peer Total System Services for about $21.5 billion in stock. The deal comes as payment technology companies consolidate to battle competition from banks. After the deal, Global Payments will process more than 50 billion transactions annually across the world.

Simone
Simone
Seth Harpenger
Seth Harpenger 7 months

i smell monopoly

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