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Corpay Inc Announces Acquisition of GPS Capital Markets

The latest update is out from Corpay Inc (CPAY).

Corpay, Inc. has announced an agreement to acquire GPS Capital Markets, LLC for $725 million, with the deal expected to be finalized in early 2025 pending regulatory approval. To discuss the details of this acquisition, Corpay will host a conference call, which will be available through live webcast and phone, with a replay option offered until June 27, 2024.

For a thorough assessment of CPAY stock, go to TipRanks’ Stock Analysis page.

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