I really like the deal and think it's pretty logical why it happened:
1) For FDC:
- There were only two buyers for FDC (FISV or FIS) that could pay you a premium. With big corporate deals,... login to read the rest
I'm a bit surprised as well - the stock was obviously higher not long ago. I can only surmise that the all-stock deal, which allows everyone to roll into (superior) Fiserv paper, explains the relatively low... login to read the rest
I appreciate the thorough response. One interesting point I think is less appreciated on the Square side (vis a vis Clover) is that Square does not in fact have in-house processing capabilities. In fact, Vantiv... login to read the rest
Unfortunately, I don’t have a precise answer to your questions. Disclosure is uneven, but here are some general conclusions that we’ve pieced together:
· 50% of revenue is North American GBS
o Of the 50% of revenue... login to read the rest
Hi Krusty, thanks for the write up.
I was wondering if you had a directional sense of 1) what First Data’s breakdown is between enterprise and SMB, 2) of SMB what fraction are on traditional POS... login to read the rest
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