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Fly News Breaks for April 30, 2019
WP, FDC, FISV, FIS
Apr 30, 2019 | 09:11 EDT
Baird analyst says David Koning said he views the fact that the FTC granted early HSR termination to FIS (FIS) and Worldpay (WP) as good news since it means no second request is coming from the DOJ. He noted that Fiserv (FISV) has already announced that it got a second DOJ request, but he said the business unit concentrations for Fiserv and First Data (FDC) "aren't that dramatically different" and he views the clearing granted to FIS as good news for Fiserv-First Data as well.
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