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
In this episode of Trekking Through Compliance, we consider the episode Balance of Terror which air...
Read More >
In Germany, employees enjoy rather strong protection against termination of employment. Additionally...
Read More >
New Jersey has enacted the “Create a Respectful and Open Workspace for Natural Hair Act” (“CROWN ...
Read More >
Think of how many tasks you can accomplish using company websites and apps. For any Ravens fan – yo...
Read More >
In addition to bolstering the provisions of its mini-WARN Act (see Part I), New Jersey Governor Phil...
Read More >
The National Labor Relations Board (“NLRB”) has been busy this December. It has issued a new rule ...
Read More >