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First Data drives growth in revenues at Fiserv in Q3 2019

“Provider of financial services technology solutions Fiserv, Inc. (NASDAQ:FISV) has reported financial results for the third quarter of 2019, with revenues staging a significant rise on the back of recently acquired First Data Corporation” reports financefeeds.com. Let’s note that merger and integration costs for the third quarter of 2019 amounted to $217 million.GAAP operating margin in the third quarter included the operating margin impacts from transaction costs and acquired intangible asset amortization associated with the acquisition of First Data.
 
Source: financefeeds.com



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