S&C Client Fiserv Announces Agreement to Acquire First Data in $22 Billion All-Stock Deal

January 28, 2019

S&C client Fiserv announced January 16, 2019 that it had reached a definitive agreement to acquire e-commerce giant First Data in an all-stock transaction valued at $22 billion. The combination will create one of the world's leading payments and financial technology providers.

The S&C team advising on this matter is led by partners Mark Menting and Jared Fishman. Matthew Friestedt advised on executive compensation matters. John Estes, Neal McKnight and Benjamin Kent advised on financing, David Spitzer provided tax advice, Nader Mousavi advised on intellectual property and Renata Hesse advised on antitrust matters.