Jul
05
A Price for Worldpay That Will Be Hard to Process
ByWorldpay discovered on Wednesday that a couple of birds in the bush are sometimes worth a bit more than one in the hand.
A day after Worldpay, Britain’s biggest payment processor, said it had been approached by both Vantiv and JPMorgan Chase, the company agreed in principle to Vantiv’s offer of nearly $10 billion in a mix of cash and shares. That took the shine off the share price of both the buyer and its target, perhaps because the deal makes sense only with some very charitable assumptions…
A Price for Worldpay That Will Be Hard to Process
