Global Payments rises after report says Elliott has built stake in company

ReutersJul 15, 2025 8:38 PM

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Shares of payments technology firm Global Payments GPN.N rise 5.7% to $82.02 after the bell

Activist hedge fund Elliott Management has built a significant stake in GPN following deal for Worldpay, Financial Times reports

GPN had in April agreed to buy Worldpay from FIS FIS.N and private equity firm GTCR for $24.25 billion in a three-way deal

GPN and Elliott did not immediately respond to Reuters' requests for comment

Stock has fallen 30.7% YTD

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