Brief: Live Oak Bancshares Inc Says On April 1, 2022, Fiserv Inc, Acquired All Of Ownership Interests In Finxact Inc That It Did Not Already Own

Live Oak Bancshares

04/04/2022 11:29

April 4 (Reuters) - Live Oak Bancshares Inc  LOB.O :
    * LIVE OAK BANCSHARES INC - ON APRIL 1, 2022, FISERV, INC.,
ACQUIRED ALL OF OWNERSHIP INTERESTS IN FINXACT, INC. THAT IT DID
NOT ALREADY OWN
    * LIVE OAK BANCSHARES INC - RECEIVED INITIAL CASH OF $125.3
MILLION, AND TRANSACTION RESULTED IN A PRE-TAX GAIN OF
APPROXIMATELY $120.5 MILLION

Source: [ID: https://bit.ly/3LEStlv]
Further company coverage:  LOB.O 

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