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The Justice Department on Thursday cleared VeriFone Systems Inc's purchase of Hypercom Corp, after the companies agreed to divest the point-of-sale terminals business to a private equity-backed group. The Justice Department's antitrust division had
VeriFone Systems Inc., Hypercom Corp. and Ingenico SA have abandoned plans for Hypercom to sell its U.S. payment systems business to Ingenico SA in order to alleviate antitrust concerns about VeriFone's proposed purchase of the rest of Hypercom.
VeriFone Systems Inc., Hypercom Corp. and Ingenico SA have abandoned plans for Hypercom to sell its U.S. payment systems business to Ingenico SA in order to alleviate antitrust concerns about VeriFone's proposed purchase of the rest of Hypercom. The
Department of Justice on Thursday filed an antitrust lawsuit in Washington, D.C., to stop VeriFone Systems Inc. from merging with Scottsdale-based Hypercom Corp., arguing that a planned divestiture of Hypercom's U.S. operations was not enough to
Federal regulators want to block VeriFone Systems Inc.'s proposed purchase of rival electronic-payment provider Hypercom Corp. The Justice Department on Thursday filed a civil antitrust lawsuit in federal district court to stop
The Arizona Republic Shareholders of the Scottsdale-based Hypercom Corp. on Thursday approved a merger with VeriFone Systems, Inc. The merger agreement and merger were approved by more than 99 percent of the shares voted, which constituted
The Arizona Republic The U.S. operations of Scottsdale-based Hypercom Corp., a credit-card terminal company, will be sold amid a pending merger with rival VeriFone Systems Inc., according to a regulatory filing. "Hypercom's U.S. business . . .
a developer of high security electronic payment and digital transactions solutions, for $485 million in shares, after originally offering $290 million in cash in late September. Hypercom shareholders will receive a fixed ratio of 0.23 shares of
The Arizona Republic VeriFone Systems Inc. said Wednesday it will acquire rival electronic payments solutions provider Scottsdale-based Hypercom Corp...San Jose, Calif.-based VeriFone said the deal allows it to expand its robust North American
Calif. (AP) — Electronic-payment provider VeriFone Systems Inc. Hypercom Corp., which VeriFone said Wednesday it offered to buy for $5.25 per share in cash. Based on the number of outstanding shares indicated in Hypercom's most