Post Tagged with: "mergers"

Time Running Out on FinTech Acquisition Corp.

Time Running Out on FinTech Acquisition Corp.

by February 19, 2016 at 9:38 am 2 comments

The clock is ticking on FinTech Acquisition Corp. FinTech Acquisition Corp, believed to be the only “blank check” company in the fintech sector today, has by rule until Aug. 19 to consummate an acquisition with its $100 million, or face dissolution. A “blank check” company’s sole purpose is to make an acquisitionRead More

MasterCard Beefs Up Its Fintech Acquisitions

MasterCard Beefs Up Its Fintech Acquisitions

by July 29, 2015 at 6:15 pm 8 comments

You certainly can’t accuse MasterCard of ignoring FinTech innovators. In addition to running hackathons with startups all over the globe — the next one is in Mexico City this weekend — MasterCard is acquiring companies left and right. CEO Ajay Banga described what the company is looking for in the M&A spaceRead More

MicroStrategy Is Sitting on $500 Million

MicroStrategy Is Sitting on $500 Million

by July 28, 2015 at 12:06 pm 0 comments

MicroStrategy, the industry technology provider, is now sitting on close to $500 million of cash. The company disclosed the cash hoard in its earnings release yesterday. Company officials said the cash will be used when/if MicroStrategy stock [ticker: MSTR] becomes undervalued. MSTR has climbed about 13% in value so far thisRead More