16Jan
Visa Abandons $5.3B Acquisition Of Fintech Company Plaid After DOJ’s Challenge - Upstart Competitors Should Be Aware Of “Killer Acquisitions”
Visa abandoned its $5.3 billion acquisition of Plaid Inc., a fintech company known for its data aggregation technology, but which was developing a potential rival to Visa’s online debit services. The parties abandoned the transaction, which was announced in January 2020, in the midst of a challenge to the deal by the U.S. Department of Justice Antitrust Division (“DOJ”), which sued to block the transaction in early November 2020 based on the theory of nascent competition....
By:
Goodwin
Related
Despite the difficulties brought on by the Covid-19 pandemic, November 2020 has been a transformatio...
Read More >
As businesses begin to reopen following the COVID-19 shut down of 2020, it is clear that the "busine...
Read More >
It’s been awhile since we’ve addressed attempts at bringing class action disability claims (Septem...
Read More >
The Washington state legislature is currently in session, and legislators have introduced numerous b...
Read More >
Fall protection in construction is one of the most cited OSHA standards across all industries, with ...
Read More >
Under the Employee Retirement Income Security Act (“ERISA”), health care providers can file legal ...
Read More >