Visa to Go Public in Restructuring Move
NEW YORK (AP) - Following the lead of MasterCard Inc., competitor Visa announced Wednesday that it plans to restructure its organization to create a new company and then sell shares in an initial public offering.
The move announced by the San Francisco-based Visa, operator of the world's largest consumer credit card payment system, follows MasterCard's move last May to go public.
The move announced by the San Francisco-based Visa, operator of the world's largest consumer credit card payment system, follows MasterCard's move last May to go public.
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