PR - First Data Gets Regulatory Approvals for KKR Merger

Published on:
22 August 2007 at 07:04 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00004164-pr-first-data-gets-regulatory-approvals-f/

First Data Corp. (NYSE: FDC) today announced that it has received all domestic and international regulatory approvals required to close the pending merger with an affiliate of Kohlberg Kravis Roberts & Co. (KKR).

"Achieving this milestone is a critical step for First Data and KKR. We continue to work closely together to ensure a smooth transition and expect to close the transaction by the end of September," said First Data CEO Ric Duques.

First Data Corp. is a leading provider of electronic commerce and payment solutions for businesses worldwide.