Brief: Green Dot To Be Bought By Smith Ventures And Commerceone Financial Corp
24/11/2025 13:25
Nov 24 (Reuters) - Green Dot Corp GDOT.N: GREEN DOT CORP. ANNOUNCES STRATEGIC TRANSACTIONS WITH SMITH VENTURES AND COMMERCEONE FINANCIAL CORP. GREEN DOT CORP - TO BE BOUGHT BY SMITH VENTURES AND COMMERCEONE GREEN DOT CORP - CO SHARES TO BE EXCHANGED FOR $8.11 CASH AND 0.2215 SHARES GREEN DOT CORP - SMITH VENTURES WILL BUY GREEN DOT’S NON-BANK FINANCIAL TECHNOLOGY BUSINESS ASSETS AND OPERATIONS FROM COMMERCEONE FOR $690 MILLION GREEN DOT CORP - IMPLIED VALUE TO GREEN DOT SHAREHOLDERS ESTIMATED AT $14.23-$19.18 PER SHARE Source text: ID:nBw19L3xma Further company coverage: GDOT.N ((Reuters.Briefs@thomsonreuters.com;))