ML Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Sale of MoneyLion to Gen Digital
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Wohl & Fruchter LLP is investigating the fairness of MoneyLion's proposed sale to Gen Digital for $82 per share, plus a contingent value right for additional payment in Gen Digital shares.
December 12, 2024 | 4:45 pm
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MoneyLion is under investigation by Wohl & Fruchter LLP regarding the fairness of its sale to Gen Digital for $82 per share, with potential additional payment in Gen Digital shares.
The investigation by Wohl & Fruchter LLP could impact investor sentiment and the finalization of the deal. However, the outcome of such investigations is uncertain, leading to a neutral short-term impact on MoneyLion's stock price.
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