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Financial Performance

Losses Follow Giant Takeover at First Data Corp.

AUG 14, 2008 9:19pm ET

DENVER – Payments processor First Data Corp. yesterday said financing costs for last year’s $27 billion takeover by Kohlberg Kravis Roberts & Co. pushed it into the red to the tune of $160.6 million for the second quarter, compared to a profit of $228.9 million for the same period last...

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