BRIEF-Coinbase To Acquire Deribit For Roughly $2.9B In Cash And Stock, Expanding Into Crypto Derivatives- WSJ

Reuters

08 May

BRIEF-Coinbase To Acquire Deribit For Roughly $2.9B In Cash And Stock, Expanding Into Crypto Derivatives- WSJ

May 8 (Reuters) -

COINBASE TO ACQUIRE DERIBIT FOR ROUGHLY $2.9B IN CASH AND STOCK, EXPANDING INTO CRYPTO DERIVATIVES- WSJ
COINBASE'S DEAL FOR DERIBIT CONSISTS OF $700 MILLION IN CASH AND 11 MILLION SHARES OF COINBASE CLASS A COMMON STOCK - WSJ

Source text: https://tinyurl.com/26hxt4at

Further company coverage: COIN.O

((Reuters.Briefs@thomsonreuters.com;))

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