Global Payments shares fall as much as 12% on reported takeover talks collapse
Global Payments shares fell as much as about 12% after Clayton Dubilier & Rice and GTCR reportedly walked away from acquisition discussions. The stock was on track for its worst day in about 19 months.
Shares of Global Payments (GPN) dropped sharply on Thursday after private equity firms Clayton Dubilier & Rice and GTCR reportedly walked away from discussions about acquiring the payments processor.The stock fell as much as about 12% in afternoon trading, on track to clock its worst day since Apri…