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Financial Performance

Financing Costs Of Huge Takeover Pushes First Data Into The Red

NOV 16, 2008 6:46pm ET

DENVER – Payments processor First Data Corp. said Friday interest expense related to last year’s $27 billion takeover by Kohlberg Kravis Roberts & Co., created a $174.4 million loss for its third quarter, and a $546.7 million loss for the first nine months of the year.

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