First Data Acquires E Commerce Group

Posted on by Chief Marketer Staff

First Data Corp. will acquire E Commerce Group Inc. a New York-based electronic billing company, for an undisclosed sum.

ECG will operate as part of First Data’s Western Union businesses.

The purchase of ECG fits into the credit card processing and database marketing services firm’s goal of expanding into new markets and businesses through strategic acquisitions, Denver-based First Data said.

ECG will continue with its current management.

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