Global Payments Tumbles as Heartland Deal Seen as ExpensiveBy
Card-processing firm to pay $4.3 billion for rival Heartland
Global Payments sees annual savings of up to $125 million
Global Payments Inc., the Atlanta-based card-processing firm, fell the most since 2012 after agreeing to buy smaller competitor Heartland Payment Systems Inc. for a price some analysts said was too expensive.
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