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VeriFone Systems (NYS: PAY) carries $280.4 million of goodwill and other intangibles on its balance sheet. Sometimes goodwill, especially when it's excessive, can foreshadow problems down the road.
Hewlett-Packard acquired Verifone in a $1.18bn stock-swap deal in April 1997. [29] Four years later Verifone was sold to Gores Technology Group in May 2001. In 2002 Verifone was recapitalized by GTCR Golder Rauner, LLC. In 2005, Verifone was listed as a public company on New York Stock Exchange (NYSE: PAY). [30] [31] [32] [33]
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On Wednesday, VeriFone Systems will release its latest quarterly results. With its stock having plunged after giving troubling guidance back in February, the payment processor has something to ...
What: Shares of retail payment device maker VeriFone. Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case ...
Verifone Inc. Licensing. This file is licensed under the Creative Commons Attribution-Share Alike 4.0 International license. You are free: to share – to copy ...
On April 4, 2011, Ingenico announced its agreement to acquire Hypercom's U.S. Payment Systems Business prior to the close of the VeriFone acquisition [2] On the same day it announced that its UK and Spanish operations would be sold separately to a private investment company and this business was renamed as Spire Payments. [3]
SAN JOSE, Calif.--(BUSINESS WIRE)-- VeriFone Systems, Inc. (NYS: PAY) , today announced the appointment of Marc E. Rothman, former chief financial officer of Motorola Mobility, Inc., to executive ...