secwatch.observer — SEC 8-K summary
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Issuer:     GREEN DOT CORP (GDOT)
CIK:        0001386278
Form:       8-K
Filed at:   2021-10-05T23:59:59+00:00
Accession:  0001386278-21-000042
Event type: m_and_a
Sentiment:  negative
Materiality: 0.65
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Green Dot terminates acquisition of Republic's Tax Refund Solutions business after Fed denial
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- On Oct 4, 2021, Green Dot announced it could not obtain Federal Reserve approval for the May 2021 asset purchase agreement with Republic.
- The Sale Transaction, covering substantially all assets of Republic's Tax Refund Solutions business, will not be consummated.
- Previously disclosed on May 13, 2021, the deal is now terminated due to regulatory non-approval.
- No termination fee or other material terms were disclosed in the filing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1386278/000138627821000042/0001386278-21-000042-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1386278/000138627821000042/gdot-20211004.htm
  HTML page:      https://secwatch.observer/filing/0001386278-21-000042

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