BREAKING 🚨:
The DOJ plans to open up a lawsuit against Visa saying they illegally monopolized the US debit card market
Pelosi sold ~$1 Million dollars of Visa $V just 2 months ago
Wild.
— Nancy Pelosi Stock Tracker ♟ (@pelositracker) September 24, 2024
Last year, Mastercard Inc. $MA, a major competitor of Visa, resolved a separate enforcement action involving its tokenization technology practices brought by the US Federal Trade Commission, which also oversees antitrust laws.
Link: https://t.co/pAO88ZdEI4
— unusual_whales (@unusual_whales) September 24, 2024
Blackstone and Vista to acquire software maker Smartsheet for $8.4 billion
Collaboration software maker Smartsheet announced Tuesday Blackstone and Vista Equity Partners will acquire it in an all-cash deal valuing the company at about $8.4 billion.
Stockholders will receive $56.50 per share, a 41% premium to Smartsheet’s average closing price over the last three months.
The company had been gauging interest from potential acquirers for several months. The company went public in 2018 and sought to go head-to-head with other software companies like Atlassian.
NOTE: This is not financial advice.
h/t Guest