In this column, real estate agents across the nation share stories of the lessons they’ve learned during their time in the industry. You probably know...
Fidelity National Information Services has agreed to sell a majority stake in its Worldpay Merchant Solutions segment to private-equity funds managed by GTCR for nearly $12 billion.
Fidelity said Thursday that the deal values the payment-processing business at around $18.5 billion, less than half of the $43 billion valuation it acquired Worldpay for in 2019.
Fidelity will retain a non-controlling 45% stake in a stand-alone joint venture and receive upfront proceeds of $11.7 billion, which will be used to pay down debt and return additional capital to shareholders via share buybacks.
Getty ImagesThe trajectory of US debt interest payments is not sustainable, Maya MacGuineas told Insider.Interest will eclipse defense spending in four years, the Committee...
In this column, real estate agents across the nation share stories of the lessons they’ve learned during their time in the industry. You probably know...
