Does the motion filed last week by MasterCard in federal court against Visa signal a new era of real competition between the two card companies? The answer seems to be yes, but the question is whether it’s healthy competition. The motion seeks to stop Visa from enacting a “settlement fee” …
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First Data Sets Vote on Concord Acquisition
First Data Corp. has announced that a shareholder vote on its proposed merger with Concord EFS Inc. will take place Oct. 28 in Englewood, Colo., where the giant transaction-processing company is based. First Data announced its proposed all-stock acquisition of Concord EFS, a major electronic-funds-transfer processor and operator of the …
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