First Data Corp. has received the go-ahead from the Securities and
The SEC approval clears the way for the two companies to mail proxy
Shareholder meetings are scheduled for Oct. 26 in Atlanta.
Executives from each company said they expect shareholders to vote for
"I don't think you're going to see any shareholder dissent at the
Other analysts said the uptick in First Financial's stock price since
Indeed, an initial objection voiced by a portfolio manager at T. Rowe
When first announced, the deal valued First Financial at about $90 a
Under the terms of the deal, First Financial shareholders as of Sept. 15
Based on current stock prices, the value of the deal is approximately $7
The SEC approval came less than a week after the Federal Trade
The FTC had been investigating the antitrust implications of the merger
First Data owns MoneyGram, and First Financial owns Western Union. Both
Under the terms of the FTC consent order signed by First Data, the