(Reuters) - The credit-card and payment processor said it had agreed to be bought by private equity firm Kohlberg Kravis Roberts & Co. [KKR.UL] but also plans to seek other bids. Shares of First Data rose after the announcement, which valued the company at $29 billion. For more details, see [ID:nN02384673]
In other deal news, U.S. phone company AT&T Inc. said it and Mexican cell phone operator America Movil were in talks to buy stakes in a company that controls Telecom Italia for about $6.4 billion.
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