Gen /
MoneyLion
Gen agrees to acquire MoneyLion in transaction valued at approximately $1 billion
What happened
Gen agreed to acquire all outstanding shares of MoneyLion for $82.00 per share in cash, representing a cash value of approximately $1 billion.
MoneyLion stockholders will also receive a contingent value right that could provide a payment in shares of Gen common stock, subject to specified conditions.
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Gen agrees to acquire MoneyLion in transaction valued at approximately $1 billion
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