PCM Products & Contracts -

TSYS TO BUY PAYMENT PROCESSING FIRM CAYAN FOR $1.05 BILLION

TSYS says it will buy payment processing firm Cayan for $1.05 billion in cash to expand its offerings to small and mid-sized US businesses. The deal is expected to modestly benefit TSYS’s net revenue growth and adjusted earnings per share in the first full year post closing, the payment processor said. TSYS expects to realise [...]

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