June 2007
Bank Technology News;Jun2007, Vol. 20 Issue 7, p14
Trade Publication
This article focuses on recent business deals concerning the financial services industry. Citibank Corp. is all set to acquire BISYS Group Inc. for $1.45 billion. Cerner Corp. has revealed a health plan ID and payment card that comes out of a deal with First Data and UMB Financial. Blackstone Group Inc. is going to acquire Alliance Data Systems Corp. for $7.8 billion.


Related Articles

  • Citi Targets Hedge Fund Business. Sisk, Michael // Bank Technology News;Jun2007, Vol. 20 Issue 7, p12 

    This article presents information related to the advent of Citibank Corp. in hedge fund, mutual fund and private equity fund business. It is informed that with its purchasing of BISYS Fund Services Ltd. and BISYS Alternative Investment Services in a $1.45 billion deal in May 2007, the bank has...

  • CarrAmerica Sold to Blackstone.  // National Mortgage News;3/13/2006, Vol. 30 Issue 23, p30 

    The article reports on the acquisition of CarrAmerica Realty Corp. by Blackstone Group Inc. that amounted to 5.6 billion dollars in the U.S. The acquired company is a real estate investment trust company that offered the acquiring company its valued common stocks for 44.75 dollars per share. The...

  • INDUSTRY HIGHLIGHTS.  // Money Management Executive;10/20/2014, Vol. 22 Issue 40, p4 

    The article offers financial industry news briefs including investors directing money into EPFR global-tracked money market funds, the firm Blackstone to combine its financial and strategic advisory practice with firm PJT Partners, and acquisition of firm VS Holdings by firm Janus Capital Group.

  • BUILDING MOMENTUM. Freed, Dan // Investment Dealers' Digest;5/28/2007, Vol. 73 Issue 21, p18 

    The article discusses issues related to financial services industry in the U.S. It states that The Blackstone Group's $39 billion buyout of Equity Office Properties (EOP), which is the largest buyout ever, has contributed to the 203.6 percent increase in the All-REIT Index. However, the index...

  • Before Sale, Bisys To Pay a Dividend.  // American Banker;7/23/2007, Vol. 172 Issue 140, p19 

    The article reports that financial services outsourcing company Bisys Group Inc. will pay a one-time dividend just before its acquisition by Citigroup Inc. in August 2007. Shareholders of record will receive the dividend the day before the deal closes, said Bisys, which is based in the state of...

  • Citigroup to Buy BISYS for $1.47Bn.  // GlobalSourcingNOW;5/3/2007, p4 

    The article reports that Citigroup agreed to purchase the outstanding shares of BISYS for about U.S. $1.47 billion. BISYS shareholders will receive U.S. $12 per share on the completion of the transaction. BISYS Fund Services and Alternative Investment Services division will be integrated with...

  • 03 News. McClary, Samantha // Estates Gazette;5/12/2012, Issue 1219, p1 

    The article reports that Blackstone Group LP, the U.S.-based alternative asset management and financial services company, has bought the 630,000 square feet office complex from Rockpoint Group LLC and the Abu Dhabi Investment Authority. It mentions that deal has been confirmed for 330 million...

  • The New Gatekeeper For Investment Bankers. Hahn, Avital Louria // Investment Dealers' Digest;9/27/2004, Vol. 70 Issue 37, p28 

    Reports on Blackstone Group executive Hamilton James' efforts to expand the company's financial advisory services beyond the merger and acquisition (M&A) market. Bankers hired by the company for its Corporate Advisory Services group; Blackstone's M&A deals done in cooperation with its...

  • Citibank Expands Via Forum Financial Buy. Kentouris, Chris // Securities Industry News;11/10/2003, Vol. 15 Issue 44, p18 

    Deals with the acquisition of Forum Financial Group by Citibank. Impact of the acquisition on the bank; Background of Forum Financial; Terms of the deal.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics