10 votes Visa and Plaid abandon merger after US Justice Department Antitrust Division’s suit to block Posted January 13, 2021 by cfabbro Tags: business, visa, plaid, mergers, acquisitions, antitrust, usa, department of justice, source.us department of justice https://www.justice.gov/opa/pr/visa-and-plaid-abandon-merger-after-antitrust-division-s-suit-block Link information This data is scraped automatically and may be incorrect. Published Jan 12 2021 Word count 419 words 1 comment Collapse replies Expand all Comments sorted by most votes newest first order posted relevance OK Deimos January 13, 2021 Link Axios is reporting that Plaid used the suit as an "escape hatch" to get out of the deal, because they believed the acquisition price was now too low, based on some of the other crazy valuations... Axios is reporting that Plaid used the suit as an "escape hatch" to get out of the deal, because they believed the acquisition price was now too low, based on some of the other crazy valuations happening in fintech. 1 vote
Deimos January 13, 2021 Link Axios is reporting that Plaid used the suit as an "escape hatch" to get out of the deal, because they believed the acquisition price was now too low, based on some of the other crazy valuations... Axios is reporting that Plaid used the suit as an "escape hatch" to get out of the deal, because they believed the acquisition price was now too low, based on some of the other crazy valuations happening in fintech. 1 vote
Axios is reporting that Plaid used the suit as an "escape hatch" to get out of the deal, because they believed the acquisition price was now too low, based on some of the other crazy valuations happening in fintech.