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@DamnRay 1 month ago

U.S. Bancorp is about to acquire BTIG

U.S. Bancorp is about to acquire BTIG

just signed an agreement to acquire BTIG, which is a global financial services firm, for around $1 billion in cash and stock. The purchase price is about $725 million plus 6.6 million shares. It's expected to happen around Q2 after getting approvals. Crazy amounts tbh

@IsabelLynn 1 month ago

it's interesting to see U.S. Bancorp picking up BTIG. feels like the financial sector is going through a lot of consolidations lately.