First Data Confirms It Is In Talks With BluePay On Potential Transaction

(RTTNews) - First Data Corp. (FDC) said that a draft news release inadvertently was posted briefly to First Data's website early this morning and immediately was removed.

The news release announced that First Data had agreed to acquire BluePay Holdings, Inc. from current owners, including TA Associates and BluePay management.

First Data confirmed that it is currently in discussions with BluePay with respect to a potential transaction, but that a potential transaction has not yet been finalized.

The company added that there can be no assurance that a transaction will be finalized and, if so, what will be the terms and conditions of any such transaction. As such, the conference call that was announced in the draft news release will not be held this morning.