Gemini shares jump on acquisition interest report
Get Alerts GEMI Hot Sheet
Join SI Premium – FREE
Investing.com -- Shares of Gemini Space Station rose more than 12% on Thursday, climbing above $5, after Coindesk reported that potential buyers have approached the crypto exchange backed by the Winklevoss twins.
According to the report, potential acquirers are evaluating an acquisition of parts of Gemini Space Station. Some interested parties are looking to buy the company's shuttered operations in Europe and the U.K. to obtain regulatory licenses in these jurisdictions, a person familiar with the matter told Coindesk.
The potential buyers are not interested in a full takeover of the Nasdaq-listed company, the the report added.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Kotak Mahindra Bank to acquire Deutsche Bank's India retail unit
- Bridgeline Digital closes AI search deal in 14 days with B2B distributor
- Astrotech submits $20M NASA lunar payload services proposal
Create E-mail Alert Related Categories
InvestingRelated Entities
Definitive Agreement, Maynard Um, Mark Zuckerberg, ARKSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share