Why GreenSky Stock Soared 53% Today
Shares of GreenSky (NASDAQ: GSKY) surged 53.2% on Wednesday after the specialty lender agreed to be acquired by Goldman Sachs (NYSE: GS).
The all-stock deal values GreenSky at roughly $2.2 billion, or about $12.11 per share. That's a premium of nearly 56% from the stock's closing price on Tuesday.
GreenSky struck a deal with financial services powerhouse Goldman Sachs. Image source: Getty Images.
Source Fool.com
