ATLANTA -- First Financial Management Corp. said it has completed the acquisitions of TeleCheck Services Inc. and Payment Services Co.- U.S., the principal franchise and data processing provider for TeleCheck.

The purchase of TeleCheck, a provider of check guarantee services, from McDonnell Douglas Corp. was closed on July 17. Payment Services Co.'s sale by its management and a group of private investors was completed July 28.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.