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                    [Summary] => PURCHASE, New York – At a special meeting last week, MasterCard International’s principal members approved, by an overwhelming majority, the company’s conversion to a private share corporation in connection with its merger with Europay International, the company has announced. The transaction will formally close following completion of all required regulatory reviews.


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                    [Title] => MasterCard, Europay agree to merge
                    [Summary] => MUNICH – MasterCard International and Europay International announced that their boards of directors have agreed in principle to combine their organizations into a unified global shareholder-owned corporation. Speaking at Europay’s annual membership meeting, MasterCard president and chief executive officer Robert W. Selander, and Europay chief executive officer Peter Hoch, sad the combination would deliver significant operating efficiencies and strengthened marketing and branding to their members globally.


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abtest

Mastercard members okay conversion to share corporation

June 23, 2002 - 12:00am

PURCHASE, New York – At a special meeting last week, MasterCard International’s principal members approved, by an overwhelming majority, the company’s conversion to a private share corporation in connection...

Business

MasterCard, Europay agree to merge

June 18, 2001 - 12:00am

MUNICH – MasterCard International and Europay International announced that their boards of directors have agreed in principle to combine their organizations into...

Business

MasterCard, Europay agree to merge

June 18, 2001 - 12:00am

MUNICH – MasterCard International and Europay International announced that their boards of directors have agreed in principle to combine their organizations into...

Business