Fiserv bought FirstData for $22B. Deal closed in July of this year and FirstData shareholders received 42.5% of outstanding Fiserv shares. So at least initially, FirstData was 42.5% of Fiserv, arguably. Fiserv currently has a market cap of $79B. That makes those FirstData shares now worth approximately $33.57B. What I find interesting is prior to the merger, Fiserv was focused on servicing the banking and finance industries, while FirstData focused on the merchant/retail industries. Was this what Mark Kay was talking about when he made his remarks about working with banks? Now that we are in with FirstData on the merchant Point-of-Sale side, could we be eventually moving into terminals at banks or even at ATMs? Total speculation, but the fact we are now officially involved with FirstData, I see no reason why SFOR's products would only be good enough for 42.5% of Fiserv's business (that being FirstData), and not all 100% (Fiserv as a whole company). Change my mind...