M&A
confidence high
sentiment neutral
materiality 0.85
Gen Digital closes $82/sh MoneyLion acquisition with CVRs and $750M debt
Gen Digital Inc.
- Per share: $82.00 cash plus CVR; CVR pays up to $23.00 in GEN stock if 30-day avg VWAP >= $37.50.
- Funded $750M incremental Term B Loans due 2032 at SOFR+1.75%; quarterly amortization 0.25%.
- MoneyLion equity awards converted to GEN RSUs or cashed out; accelerated vesting for four executives.
- Merger closed April 17, 2025; MoneyLion now wholly owned subsidiary of Gen Digital.