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Tribune News Service
Tribune News Service
Business
Michael E. Kanell

Atlanta-based Global Payments makes $4 billion purchase

Atlanta-based Global Payments, which sells technology for financial transactions, announced Monday that it will acquire EVO Payments for $4 billion.

The acquisition will allow Global Payments to expand, selling into new markets, while adding to its own product line in business-to-business software, officials said in a statement.

EVO has about 550,000 customers in a dozen countries in North America, South America and Europe. It processes about 3 billion transactions a year.

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