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eFunds looks at alternatives
May 10, 2007
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ClaudeDigital Transactions:eFunds Corp. has hired investment bank Goldman Sachs & Company to explore "strategic alternatives" that could result in a merger. The eFunds disclosure comes just more than a month after First Data Corp. announced plans to go private and Metavante Corp. announced plans to go public in a spin-off from its bank parent, Marshall & Ilsley Corp. EFunds is considering many options, including remaining independent, going private or merging with another company.
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