Utah’s Green Dot Will Be Sold for up to $1.1 Billion in Cash and Stock, Taken Private, and Split in Two by Two Acquiring Firms
If the sale is approved, Green Dot will enter Phase 3 of its 26-year journey by going back to its roots, but within two separate entities: 1) A newly public, $6.3 billion sponsor bank, and 2) A privately held FinTech platform.
And the person behind it all? A serial
