First Data Corporation (NYSE:FDC), a global leader in electronic commerce and payments solutions, announced that it expects to close its acquisition by affiliates of Kohlberg Kravis Roberts & Co. (KKR) later today. First Data will announce the completion of the acquisition once the transaction has closed.
About First Data
First Data Corp. (NYSE:FDC) is a leading provider of electronic commerce and payment solutions for businesses worldwide. Serving over 5 million merchant locations, 1,900 card issuers and their customers, First Data powers the global economy by making it easy, fast and secure for people and businesses around the world to buy goods and services using virtually any form of payment. The company's portfolio of services and solutions includes merchant transaction processing services; credit, debit, private-label, gift, payroll and other prepaid card offerings; fraud protection and authentication solutions; electronic check acceptance services through TeleCheck; as well as Internet commerce and mobile payment solutions. The company's STAR Network offers PIN-secured debit acceptance at 2 million ATM and retail locations. For more information, visit www.firstdata.com.
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Contacts:
Colin Wheeler, 303-967-6553 (Media)
Silvio Tavares,
303-967-8276 (Investors)
or
Kekst and Company (for KKR)
Mark
Semer or David Lilly, 212-521-4800