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Payfare ( (TSE:PAY) ) has issued an announcement.
Payfare Inc. is set to be acquired by an affiliate of Fiserv, Inc. following approval by its Class A Common shareholders. The acquisition, which is part of a plan of arrangement under the Business Corporations Act of British Columbia, received significant backing from shareholders at a recent special meeting. With the transaction expected to close in the first quarter of 2025 pending final court approval and other conditions, this deal solidifies Payfare’s strategic alignment with Fiserv, potentially enhancing its market position and operational capabilities.
More about Payfare
YTD Price Performance: -2.06%
Average Trading Volume: 455,482
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$182.7M
For an in-depth examination of PAY stock, go to TipRanks’ Stock Analysis page.
