PCM Products & Contracts -

VERIFONE TO BE ACQUIRED BY FRANCISCO PARTNERS FOR $3.4 BILLION

Verifone Systems and Francisco Partners, a leading technology-focused private equity firm, have announced that they have entered into a definitive agreement under which an investor group led by Francisco Partners and including British Columbia Investment Management Corporation (BCI) will acquire Verifone for $23.04 per share in cash. This represents a total consideration of approximately $3.4 [...]

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