Verifone Systems Inc merges with Francisco Partners and goes private for $2.58 billion
Verifone Systems is a point-of-sale device maker. The development comes midst an increase in consumer spending vide credit cards. Francisco Partners will take Verifone Systems Inc, a payments technology firm, private for $2.58 billion in cash. With the news reaching the market, shares of Verifone Systems, which makes point-of-sale payment devices, surged by 52% in…


