ViVOtech Ready, Willing, and Able to Buy Hypercom U.S. Assets

ViVOtech today said it has renewed its approach to VeriFone Systems, Inc. PAY to acquire the U.S. assets of Hypercom Corporation HYC. ViVOtech CEO, Michael (Mick) Mullagh, said he hoped ViVOtech's approach would provide a path to resolve Justice Department concerns that drove the filing of a civil antitrust lawsuit yesterday in federal district court that puts VeriFone's deal to acquire Hypercom on ice.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsM&AComputer Storage & PeripheralsData Processing & Outsourced ServicesInformation Technology
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!