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Financing Costs Push Huge Takeover of First Data Into the Red

MAR 13, 2008 9:14pm ET

DENVER – Costs to finance last year’s $27 billion acquisition by Kohlberg Kravis Roberts & Co. of First Data Corp. pushed the transactions processing giant into the red to the tune of $273.2 million for the fourth quarter of 2007, the company reported last night.

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