Thursday, June 14, 2007

First Data puts trade draw attention before deal

(Reuters) - CHICAGO, June 14 - Put trading in First Data Corp. was heavy this week as investors appeared to protect themselves should Kohlberg Kravis Roberts & Co.'s planned acquisition of the company fall apart.



First Data, which processes credit and debit card payments, said in April it agreed to a takeover by KKR for about $26 billion, one of the largest leveraged buyouts ever.


Read more at Reuters.com Mergers News

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