Glendale Federal Savings & Loan Assn. and...
Glendale Federal Savings & Loan Assn. and Fiserv Inc. of Milwaukee said they have signed an agreement under which Fiserv will acquire Gesco, the data processing subsidiary of Glendale Federal’s Guarantee Savings Group. The purchase price will be $40.9 million in cash. Other terms of the agreement were not reported. Glendale-based Glendale Federal acquired Gesco last year as part of its merger with Guarantee Financial of California.
