MoneyLion Shareholders Approve Acquisition by Gen Digital

MT Newswires Live
11 Apr

MoneyLion (ML) said late Thursday its stockholders voted to approve its acquisition by Gen Digital (GEN).

All regulatory approvals have been obtained, and the acquisition will likely be completed on April 17, MoneyLion said.

As per the agreement, all of MoneyLion's outstanding class A shares prior to the close of transaction will automatically be cancelled and converted into the right to receive $82.00 in cash without interest.

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