This story appears in the Aug. 18 print edition of Transport Topics. Trucking fuel card provider Comdata Inc. has agreed to a $3.45 billion acquisition by FleetCor Technologies Inc., another provider ...
FleetCor will finance the $3.45 billion acquisition with approximately $2.4 billion of new debt and the issuance of approximately 7.3 million shares of FleetCor common stock to Ceridian LLC. The cash ...
FleetCor Technologies, Inc. has signed a definitive agreement to acquire Comdata from Ceridian LLC for $3.45 billion. The transaction is expected to close in December 2014. FleetCor is a global ...
Fleet card provider FleetCor's planning a major push into B2B electronic payments, and hopes to get a substantial boost from its planned $3.45 billion acquisition of Comdata. "I can't tell you how ...
(Reuters) - FleetCor Technologies Inc said it would buy payments processing company Comdata Inc from Ceridian LLC for $3.45 billion in its biggest deal as it looks to expand into the virtual payments ...
BRENTWOOD, Tenn., Feb. 06, 2024 (GLOBE NEWSWIRE) -- Comdata, Inc., a FLEETCOR company and world leader in payment innovation including electric vehicle charging solutions, recently entered into an ...
ATLANTA--(BUSINESS WIRE)--FLEETCOR Technologies, Inc. (NYSE:FLT), a global leader in fuel card and workforce payment products to businesses, announced today the appointment of two new business unit ...
The Federal Trade Commission is alleging that Comdata parent company FleetCor bilked “hundreds of millions of dollars” from its customers in the trucking and commercial fleet industries in hidden fees ...
FleetCor Technologies, Inc. (NYSE:FLT), a leading global provider of fuel cards and workforce payment products to businesses, today announced that it has signed a definitive agreement to acquire ...
NEW YORK (Reuters) - FleetCor Technologies Inc and buyout firms including Carlyle Group LP and Silver Lake Partners LP are vying to acquire payments processing company Comdata Inc for more than $3 ...
The next step for trucking industry payment providers is tapping the full benefit of available data streams as they upgrade from decades-old paper-based payment systems to cloud-driven mobile apps.