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MoneyLion, Gen Digital
Gen Digital to acquire MoneyLion in $1B deal
Gen, the global parent firm of cyber safety brands Norton and Avast, will pay $82 per share in cash to add the consumer finance fintech to its roster.
Gen Digital to acquire fintech MoneyLion for $1bn
MoneyLion's platform includes credit building and financial management services, enhancing Gen's “comprehensive financial wellness” offerings.
Avast Antivirus Owner Gen Digital Acquires MoneyLion in $1 Billion Deal
(Reuters) - Norton and Avast owner Gen Digital has agreed to buy fintech firm MoneyLion in an all-cash deal valued at about $1 billion to beef up its consumer finance offerings, the companies said on Thursday. Gen Digital will pay $82 for each MoneyLion share, a 6.5% premium to MoneyLion's last closing price.
Gen Digital seeks to acquire MoneyLion in $1 billion deal
MoneyLion's shares moved sharply higher after an offer to buy the company by Tempe-based Gen Digital was put on the table.
MoneyLion soars after news on proposed acquisition by Gen Digital
Gen Digital (NASDAQ:GEN) is set to acquire the financial technology company MoneyLion (NYSE:ML) for a cash value of ~$1B. GEN shares were trading +0.59% Tuesday pre-market at $30.66, while ML soared 10.
MarketWatch
1d
Gen Digital Inc. stock underperforms Friday when compared to competitors
Shares of
Gen
Digital
Inc.
GEN
slid 0.53% to $29.86 Friday, on what proved to be an all-around mixed trading session ...
SecurityWeek
2d
In Other News: Gen Digital Makes $1B Buy, Recall Captures Sensitive Data, MITRE ATT&CK Evaluations
AV brand owner Gen Digital makes a $1 billion acquisition, Microsoft Recall captures sensitive data, MITRE releases ATT&CK ...
bovnews
23h
Gen Digital Inc (GEN) Posted 16.07% Profit Margin Last Year—Can It Hold Up?
Gen Digital Inc (GEN) stock saw a decline, ending the day at $29.86 which represents a decrease of $-0.16 or -0.53% from the prior close of $30.02. The stock opened at $29.96 and touched a low of $29.
4d
Gen Digital’s Strategic Expansion into Personal Finance: Opportunities and Risks of the MoneyLion Acquisition
Gen Digital (GEN – Research Report), the Technology sector company, was revisited by a Wall Street analyst yesterday. Analyst Hamza Fodderwala ...
LAist
4d
Why Gen Z loves the digital compact cameras that millennials used to covet
Digital compact cameras are showing up on wish lists this holiday season. Here's what to look for when buying one.
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