VeriFone Holdings, Inc. (PAY) Message Board

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Technology Stocks : VeriFone Holdings, Inc. (PAY)

PAY 28.50

-3.0%

Oct 30 3:59 PM EDT

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From: Sr K	4/10/2018 12:49:27 AM
	of 186

Francisco Partners to Take VeriFone Private in $3.4 Billion Deal April 9, 2018 An investor group led by tech-focused private equity firm Francisco Partners agreed to acquire payments technology company VeriFone Systems Inc. for about $3.4 billion including debt. Francisco Partners will pay $23.04 in cash per VeriFone share, a premium of about 54 percent over the company’s closing share price Monday, according to a statement. The investor group also includes British Columbia Investment Management Corp. “VeriFone’s transformation from a hardware provider to a best-in-class payments and commerce solutions provider is just beginning,” said Jason Brein, a partner at Francisco Partners.. . .

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