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June 21, 1990

FISERV AQUIRES GTE’S EFT SERVICES MONEY NETWORK

By CBR Staff Writer

Financial computer services specialist Fiserv Inc, Milwaukee, Wisconsin has acquired GTE Corp’s EFT Services Money Network and its automatic teller machine network processing business in Long Beach, California: operating through its data center in Fresno, Fiserv will provide processing of all ATM and related services for all GTE client financial institutions on the Money Network system; no terms revealed.

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