View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
March 22, 1987

FIRST FINANCIAL MANAGEMENT OFFERS $343m FOR COMDATA NETWORK

By CBR Staff Writer

Data processing services company First Financial Management Corp of Atlanta, Georgia has offered $342.7m in cash and shares for Nashville, Tennessee-based electronic money transfer specialist Comdata Network Inc. It is offering half a First Financial share plus cash to bring the effective price to $18 a share. The proposal will be pursued only if it is accepted and approved by Comdata’s directors.

Websites in our network
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
I consent to New Statesman Media Group collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED
THANK YOU