Hey, Big Spender – MasterCard Buys DataCash For $520 Million In Cash
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Aug 19th, 2010 |
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Credit card juggernaut MasterCard has agreed to acquire DataCash Group in a bid to drive its e-commerce payment expansion in the Asia-Pacific region, Europe and Australia. U.S.-based MasterCard, which makes money from processing credit and debit card payments on its network, said it would pay 360 pence per share for the British processor of Internet credit-card sales, representing a 54 percent premium to the company’s Wednesday close
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Hey, Big Spender – MasterCard Buys DataCash For $520 Million In Cash