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News Breaks
08:46 EDTGPN
theflyonthewall.com: Global Payments enters agreement to sell its money transfer businesses
Global Payments announced that it has signed an agreement to sell its DolEx- and Europhil-branded money transfer businesses to an affiliate of Palladium Equity Partners, LLC. Under the terms of the agreement, Global Payments will receive proceeds in the range of $85M-$110M based on the operating performance of the business determined at the time of closing, which is subject to customary regulatory approvals including the consent to the transaction by the issuers of money transfer licenses in many of the states and countries where DolEx or Europhil currently operates. :theflyonthewall.com



News For GPN From The Last 14 Days
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February 8, 2010
09:00 EDTGPN
theflyonthewall.com: On The Fly: Analysts Initiation Summary

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06:33 EDTGPN
theflyonthewall.com: Global Payments initiated with a Neutral at Goldman

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February 4, 2010
06:58 EDTGPN
theflyonthewall.com: Global Payments upgraded to Overweight from Neutral at Piper Jaffray
Piper upgraded Global Payments on valuation and improving industry fundamentals. Target $54. :theflyonthewall.com

January 28, 2010
08:29 EDTGPN
theflyonthewall.com: Global Payments upgraded to Buy from Hold at Lazard Capital

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