Global Payments Shares Jump 11% on Reported Take-Private Bid
Global Payments shares rose 11% Friday, their best day since February, after reports that Clayton Dubilier & Rice is pursuing a take-private deal with GTCR.
Shares of Global Payments (GPN) jumped 11% on Friday, clocking its best day since February, after reports that private equity firm Clayton Dubilier & Rice is pursuing a take-private deal for it.According to a report in The Financial Times, CD&R has teamed up with GTCR, Global Payments’ largest shar…