Starboard Takes Stake in Green Dot (GDOT) and Might Push for Tie-Up

POTENTIAL DEAL DETAILS

Stock Green Dot Corporation Symbol GDOT
Date Announced 02/03/2020 Source Bloomberg
Type Company Seeking Strategic Alternatives

Activist investor Starboard Value has built a position in Green Dot Corp. (GDOT) and may push for changes including a potential merger at the prepaid debit card company.

Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.

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