'Bill Holdings Nears $1.95 Billion Payments Deal for Melio' -Bloomberg, Citing People With Knowledge Of The Matter
Portfolio Pulse from Benzinga Newsdesk
Bill Holdings is reportedly close to finalizing a $1.95 billion deal to acquire payments company Melio, according to Bloomberg. The deal is yet to be officially announced.
November 08, 2023 | 10:39 pm
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Bill Holdings is nearing a deal to acquire Melio for $1.95 billion. This acquisition could potentially expand Bill Holdings' payment solutions portfolio.
The acquisition of Melio by Bill Holdings could potentially expand its payment solutions portfolio, which could lead to increased revenues and market share. This could positively impact the company's stock price in the short term.
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