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They tried. IIRC they were going to buy Green Dot outright, but they were rebuffed by regulators. So instead they took a small ownership position <5%, in orde
by caspper69 8y ago
They tried. IIRC they were going to buy Green Dot outright, but they were rebuffed by regulators.
So instead they took a small ownership position <5%, in order to avoid the reporting and regulatory hassles while still getting sweetheart deals.