Visa abandons $5.3 billion acquisition after DOJ objections

Visa has abandoned its $5.3 billion bid to acquire fintech startup Plaid. In an announcement on Tuesday, the US Department of Justice said the two companies have agreed to call off their merger. The agency filed a lawsuit to block the deal last Novem...

source https://www.engadget.com/visa-plaid-acqusition-doj-233500519.html