Card of the present days 10-02-20...

Card of the present days

10-02-2002

FreeStar Technologies Acquires Northern European Payment Processor, Rahaxi Processing Oy

Volume: 17
Number: 20
ISSN: 08940797
Publication Date: 10-02-2002
Page: 1
Type: Periodical
Language: English

New York-based FreeStar Technologies, Inc. (FSTI) tribe 26 announced that is has acquired privately held Helsinki, Finland- based Rahaxi Processing Oy a Northern European on-line credit card processing enterprise. The bounds of the acquisition, valued at $43 million, provide for FreeStar to make incremental cash payments to the vender over the course of 13 month and to