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View Full Version : Fiserv Agrees to Sell Majority Interest in its Insurance Business (Business Wire)


Yahoo! Finance
07-02-2008, 09:50 AM
<b>Yahoo! Finance: Mutual Fund News</b>

BROOKFIELD, Wis.----Fiserv, Inc. , a leading provider of information technology services to the financial and insurance industries, today announced it has signed a definitive agreement with Trident IV, a private equity fund managed by Stone Point Capital LLC, in which Trident will invest approximately $205 million in equity and $335 million in debt to acquire a 51 percent majority interest in Fiservā??s insurance businesses.

complete story here... (http://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/bw/080702/20080702005395.html?.v=1)