
America 's BAC plan to acquire National Processing NAP for $1.4 billion in ..... or for National City NCC, National Processing 's parent. The big bank ..... value estimate of $25 for National Processing . Combining National Processing
National Processing NAP announced Thursday that its ..... is good news for shareholders. National Processing is majority-owned by National City NCC, and any sale of National Processing would have to receive National
National has performed above our expectations through the first nine months of the year, and we're raising our fair value estimate to $23 per share from $20. National's business strengthened in the latest quarter. Sales growth of 2.2% and an operating margin of 16.5% beat our expectations; we had
We have suspended coverage of National Processing . The thesis below was written December 16, 2002.