Visa and Plaid Announce Mutual Termination of Merger Agreement
Visa and Plaid Announce Mutual Termination of Merger Agreement Visa Inc. (NYSE: V) and Plaid today announced that the companies have terminated their merger agreement and agreed with the Department of Justice to dismiss the litigation related to the proposed transaction. The proposed transaction was first announced on January 13, 2020. We are confident we would have prevailed in court as Plaids capabilities are complementary to Visas, not competitive, said Al Kelly, Chairman and CEO of Visa Inc. We believe the combination of Visa with Plaid would have delivered significant benefits, including greater innovation for developers, financial institutions and consumers. However, it has been a full year since we first announced our intent to acquire Plaid, and protracted and complex litigation will likely take substantial time to fully resolve.
Stingray to Release its Financial Results for the Third Quarter of Fiscal 2021
Stingray to Release its Financial Results for the Third Quarter of Fiscal 2021
MONTREAL, Jan. 11, 2021 Stingray Group Inc. (TSX: RAY.A; RAY.B) will release its financial results for the third quarter ended December 31, 2020, on Wednesday, February 3, 2021, after the markets close. Management will hold a conference call to discuss the financial results the next day, February 4, 2021, at 10:00 a.m. Eastern Time.
Details of the Conference Call Via the internet at www.stingray.com Via telephone: (877) 223-4471 or (647) 788-4922
Conference Call Rebroadcast A rebroadcast of the conference call will be available until midnight, March 14, 2021, by dialing (800) 585-8367 or (416) 621-4642 and entering passcode 9490587.