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Gen Digital Inc. has announced plans to acquire MoneyLion Inc. in a deal valued at approximately $1 billion. The acquisition news led to a 12% pre-market surge in MoneyLion's stock price. The deal, which has been reported by sources like The Wall Street Journal, signifies a major move in the financial technology sector.
Gen Digital to Acquire MoneyLion $ML in Deal Worth $1 Billion https://t.co/fEESFhjLf9
Gen Digital $GEN said it agreed to acquire MoneyLion $ML in a deal valued around $1 billion - WSJ
Gen Digital to Acquire MoneyLion in Deal Worth $1 Billion https://t.co/SGnq7AoM3W