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
Seyfarth Synopsis: California Labor Code § 221 states it is “unlawful for any employer to collect o...
Read More >
Healthcare Provider Fired Jehovah's Witness for Request to Skip Party, Federal Agency Charges - NE...
Read More >
On September 26, 2019, the Senate confirmed labor and employment attorney Eugene Scalia for Labor Se...
Read More >
On July 3, 2020, the U.S. Department of Justice (“DOJ”) and the U.S. Securities and Exchange Commi...
Read More >
In today’s edition of Daily Compliance News: 1. Boeing Board calls for more safety changes at comp...
Read More >
That article he wrote on sexual harassment was fine. Yesterday, Politico had a post about a law rev...
Read More >