Western Union

...beyond a summons. First Data was acquired by an affiliate of the buyout firm Kohlberg Kravis Roberts & Co. in 2007, a year after First Data spun off Western Union into an independent publicly traded company. In court documents, IRS...

In this article: First Data Corp., Internal Revenue Service, Summons, Justice Department, Tax, and US

...with First Data Corporation in a $6 billion transaction. On January 26, 2006, First Data Corporation announced plans to spin Western Union off as an independent, publicly traded company. Western Union's focus will remain money transfers. The...

In this article: BidPay, Westar, New Valley Corporation, First Data Corporation, and United States

...since overseen the most ambitious effort to overhaul First Data. Last year, the company spun off Western Union, the 156-year-old money wire service and onetime telegraph courier. Acquired in 1995, Western Union had quickly become First Data's...

In this article: First Data, Kohlberg Kravis Roberts, American Express, NEW YORK, Attorney General, RJR Nabisco, Barbarians at the Gate, and Jpmorgan Chase

...Pacific region, based in Vienna. A native of Turkey, Ersek joined First Data Corporation, Western Union's former parent, in September 1999, and held executive positions at GE Capital and Europay / Mastercard. He holds a degree in Economics...

In this article: University of Economics, Vienna, GE Capital, Europay, NYSE, and First Data Corporation

...to win over investors, and Duques returned two years ago. And First Data spun off its Western Union (WU) business last year, in a major shift that reduced revenue by $3 billion a year. Steady Cash Flow Is Key Poor earnings and trouble in...

In this article: First Data, Cash flow, Kohlberg Kravis Roberts, Revenue, Time horizon, Lally School of Management & Technology, and Rensselaer Polytechnic Institute

...for financial institutions to focus on its other operations. In 1995, First Data merged with First Financial Management Corp., whose holdings included Western Union. First Data spun off Western Union last September. First Data...

In this article: First Data Corp., KKR, Revenue, U.S., Cash flow, Balance sheet, Equity Office Properties, and Blackstone Group LP

...George W. Bush. On January 26, 2006, First Data announced its intention to spin off Western Union into an independent publicly traded company through a tax-free spin-off of 100% of Western Union to First Data shareholders. The spin off...

In this article: First Data Corporation, Michael Capellas, Kohlberg Kravis Roberts, Mobile payment, Revenue, Venture capital, and Supply chain management