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home / news releases / CCRD - CoreCard gains on report that Goldman may have buyout interest (update)


CCRD - CoreCard gains on report that Goldman may have buyout interest (update)

Update 12:15pm : Updates shares, adds Goldman Sachs denial.

  • CoreCard ( NYSE: CCRD ) pared its earlier gains after Goldman Sachs reportedly denied a report that it's interested in payment-technology firms.
  • Goldman Sachs ( NYSE: GS ) is said to be interested in a payments-technology firm and is looking at different companies, according to a WSJ report, which cited people familiar.
  • Goldman Sachs denied that it's seeking an acquisition in the payments-tech space, according to traders, who cited Bloomberg report that cited a GS statement.
  • Goldman executives have talked about acquiring a company called Deserve that the bank already has ties with, the WSJ said. The bank has also looked at CoreCard ( CCRD ) and a credit-card platform Cardless. No talks are currently happening between GS and the companies.
  • CoreCard ( CCRD ) report Q3 results last Wednesday.

For further details see:

CoreCard gains on report that Goldman may have buyout interest (update)
Stock Information

Company Name: CoreCard Corporation
Stock Symbol: CCRD
Market: NYSE
Website: corecard.com

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