First Data

An information processing companyhandling billions of credit-crd and other gtransactions for third parties. The company has struggled in recent yeras to organize itsinternationl, commercial, retail-processing units in a compelling way, amid turmoil in the hte CEO suite. It has been streamlining its business lines. In Feb, it annouced that it would exit official-checking and money order business. It bought Polcard, the largest Poland credit processor, for about $300 million. KKR is in late stage talks to buy First Data due to its good cash flows...