By Carlo Martuscelli 
 

Mastercard Inc. (MA) said Wednesday that it is extending its deadline to buy Earthport PLC (EPO.LN) to March 8.

The U.S. payments company said that as of Tuesday, it had received acceptances from shareholders who held 0.29% of Earthport shares.

Mastercard is involved in a bidding war for the U.K. company with rival Visa Inc. (V).

On Feb. 8 Visa made an offer of 37 pence (47 cents) a share for Earthport, trumping its competitor.

Mastercard said its now considering its options, and will make a further announcement in due course.

 

Write to Carlo Martuscelli at carlo.martuscelli@dowjones.com

 

(END) Dow Jones Newswires

February 27, 2019 02:51 ET (07:51 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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