Fiserv Agrees to Acquire CashEdge for $465M

by Paul Quintaro, Benzinga Editor
June 29, 2011 4:16 PM | 18 seconds read |
Fiserv, Inc. FISV today announced that it entered into a definitive agreement to acquire CashEdge Inc. for $465 million. The acquisition is expected to accelerate Fiserv's digital payments and channel strategies. Fiserv expects that the transaction will be neutral to adjusted earnings per share in 2011 and accretive to adjusted earnings per share in 2012.
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