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Tuesday, July 28, 2020

OnDeck Capital (ONDK) to be acquired by Enova International (ENVA) for $90 million

  • Enova, the online lender for consumers and small businesses, is paying a 90% premium to OnDeck’s Monday’s closing stock price of $0.73 a share in the stock and cash deal. Combined the two companies had $4.7 billion in originations last year and have served more than 7 million customers.
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    ** ONDK charts 2 months earlier 5/21/20 ** 


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