AGREEMENT AND PLAN OF MERGERAgreement and Plan of Merger • March 14th, 2012 • Green Dot Corp • Finance services • California
This AGREEMENT AND PLAN OF MERGER (the “Agreement”) is made and entered into as of March 8, 2012 by and among Green Dot Corporation, a Delaware corporation (“Acquiror”), Circle Acquisition Corporation, a Delaware corporation (“Merger Sub”) and wholly owned subsidiary of Acquiror, Loopt, Inc., a Delaware corporation (“Target”) and Shareholder Representative Services LLC, a Colorado limited liability company, solely in its capacity as the representative of the Target stockholders (the “Stockholders’ Agent”).
Green Dot to Acquire LooptGreen Dot Corp • March 14th, 2012 • Finance services
MONROVIA, Calif., March 9, 2012 - Green Dot Corporation (NYSE: GDOT), a provider of widely distributed, low-cost banking and payment solutions to a broad base of U.S. consumers, has entered into a definitive agreement to acquire Loopt, Inc., of Mountain View, California. The transaction is expected to close by the end of the first quarter of 2012 and is subject to regulatory approvals and other closing conditions.
