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InsideArbitrage Potential Deal Alert: Global Payments (GPN) Weighs Acquisition of US Peer Shift4 (FOUR)

  • December 14, 2023

POTENTIAL DEAL DETAILS

StockShift4 Payments, Inc.SymbolFOUR
Date Announced12/14/2023Source Bloomberg
TypeNews Report

According to Bloomberg, Global Payments Inc. (GPN) is weighing an acquisition of Shift4 Payments Inc. (FOUR). Atlanta-based Global Payments has been working with an adviser to study the feasibility of a deal for Shift4.

Global Payments Inc. Investor Relations

Shift4 Payments Inc. Investor Relations

Update(s):

December 14, 2023: According to SeekingAlpha Global Payments (GPN) stated that it is not currently engaged in discussions with Shift4 (FOUR) regarding any transaction, refuting earlier reports that suggested the company was considering the purchase of Shift4.

February 29, 2024: According to Reuters, Fiserv and Amadeus IT Group are competing to acquire Shift4 Payments (FOUR).

February 29, 2024: According to SeekingAlpha Amadeus IT said it isn’t interested in acquiring Shift4 Payments (FOUR).

March 17, 2024: According to Bloomberg, Shift4 Payments (FOUR) Chief Executive Officer Jared Isaacman said in a memo to employees that bids from potential suitors have failed to “sufficiently value” the payments firm.

Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.