Enova to Acquire OnDeck to Create a Leading FinTech Company Serving Consumers and Small Businesses
Enova International and OnDeck, announced that they have entered into a definitive agreement under which Enova will acquire all outstanding shares of OnDeck in a cash and stock transaction valued at approximately $90 million. The implied price of $1.38 per OnDeck share reflects a 43.6% premium to its 90-day volume-weighted average price......