Buyout firms are “circling” Marqueta (MQ) on a potential deal to acquire the company, according to Dealreporter, citing three sources close to the situation. Financial services providers such as Mastercard (MA) and Visa (V) could join buyout firms in considering a bid for Marqeta, as could other fintechs such as Block (SQ), Global Payments (GPN), Fiserv (FISV), or FIS (FIS), the sources added, according to the report.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MQ:
- Marqeta price target lowered to $5 from $7 at Barclays
- Boeing union to end strike, Palantir reports Q3 beat: Morning Buzz
- Dollar Tree downgraded, eBay upgraded: Wall Street’s top analyst calls
- Morning Movers: GlobalFoundries and Apollo Global gain following Q3 results
- Marqeta price target lowered to $5 from $6 at JPMorgan
Questions or Comments about the article? Write to editor@tipranks.com