Global Payments to buy EVO Payments for $4 billion

news via MarketWatch.com - MarketPulse

Global Payments Inc. announced Monday that its plans to acquire EVO Payments Inc. for $34 a share in an all-cash deal that values EVO at $4.0 billion. Global Payments expects that the merger with EVO, which offers payment-technology and acquiring services, will expand its international footprint into new markets while giving it additional scale in existing markets. "The acquisition of EVO is highly complementary to our technology-enabled strategy and provides meaningful opportunities to...

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