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Fly News Breaks for August 3, 2017
GPN
Aug 3, 2017 | 09:40 EDT
Citi analyst Ashwin Shirvaik views Global Payments' acquisition of the communities and sports divisions of Active Network for $1.2B as "interesting." He believes the deal should settle, for now, the uncertainty and speculation about the company's M&A outlook. He views the "beat-and-raise" quarterly results as "good" and keeps a Buy rating on Global Payments with a $100 price target.
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