Press Releases

First Data IPO Plan Too Big, Could Flop

October 14, 2015

James Gellert, CEO of Rapid Ratings, in an analysis of First Data financials, gave it a weak score of 38 out of 100. “Historically, companies under 40 have a much higher likelihood of failure and over 90% of companies that have failed in the last 20 years have been rated at 40 and below, so this is not the most promising rating to IPO with,” wrote Gellert.

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