TITLE

First Data Expects a $1B Revenue Lift from Venture

AUTHOR(S)
Bills, Steve
PUB. DATE
August 2009
SOURCE
American Banker;8/17/2009, Vol. 174 Issue 157, p11
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that First Data Corp. expects to realize substantial revenues from a joint venture with Bank of America Corp. First Data chief executive Michael D. Capellas said he anticipated Banc of America Merchant Services LLC would contribute $300 million during the second half of 2009 and $700 million for all of 2010.
ACCESSION #
43765204

 

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