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Announced
Zip failed to acquire Sezzle for $355m.
Synopsis
Zip, a provider of digital payment solutions, failed to acquire Sezzle, a payment solution provider, for $355m. “We believe that mutually terminating the merger agreement with Sezzle at this time is in the best interests of Zip and its shareholders, and will allow Zip to focus on its strategy and core business in the current environment," Diane Smith-Gander, Zip Chair of the Board.
Principals
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Seller Team (1)
Bidder Team (11)
kenneth schwartz
Partner at Skadden Arps Slate Meagher & Flom
Lawyer
bidder
85
Deals
£ 182.23 B
Total Value
mn
matthew nemeroff
Counsel at Skadden Arps Slate Meagher & Flom
Lawyer
bidder
27
Deals
£ 7.91 B
Total Value
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