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Credit card transaction processor First Data Corp. said Tuesday it received no third-party takeover proposals during a solicitation period set in an acquisition agreement with affiliates of private equity firm Kohlberg Kravis Roberts & Co.
The Greenwood Village- based credit card transaction processor said in a Securities and Exchange Commission filing that the allotted 50-day period to solicit third-party proposals expired at midnight Monday.
First Data is being acquired for about $27 billion. KKR has offered $34 a share, which is a premium of about 26 percent over First Data’s closing price March 30.
