Monday, April 2, 2007

U.S. stocks seen flat to higher, ISM eyed

(Reuters) - First Data, a credit-card and payment processor, said earlier it had agreed to be acquired by private equity firm Kohlberg Kravis Roberts & Co. [KKR.UL] for about $29 billion cash, but planned to actively seek other bids.

This comes after sources said on Friday that private equity firms Bain Capital and Blackstone Group [BG.UL] were among the bidders for Ceridian Corp , raising the chances that the entire business services company would be sold.


Read more at Reuters.com Bonds News

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