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First Data Not Required to Hold Another Shareholder Meeting On Proposed Merger with Concord EFS

Thursday 18 December 2003 17:25 CET | News

First Data has announced that the New York Stock Exchange (NYSE) has advised the company that it will not require First Data to obtain further shareholder approval under the NYSEs Shareholder Approval Policy in connection with the amendment to the merger agreement entered into with Concord EFS. No other requirements for shareholder approval apply. First Data shareholders approved the original merger agreement previously on October 28, 2003. The transaction is subject to Concord shareholder approval.

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Categories: Payments & Commerce | Payments General
Countries: World
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Payments & Commerce