Marlin Business Services (MRLN) to Be Acquired by Funds Managed By HPS Investment Partners for $23.50/share
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Marlin Business Services Corp. Enters Into Definitive Agreement To Be Acquired by Funds Managed By HPS Investment Partners LLC
April 19, 2021 8:00 AM EDTMarlin Shareholders to Receive $23.50 per share in Cash Transaction
Marlin to Become a Privately Held Company Upon Completion of Transaction
MOUNT LAUREL, N.J., April 19, 2021 (GLOBE NEWSWIRE) -- Marlin Business Services Corp. (NASDAQ: MRLN), a nationwide provider of capital solutions to small businesses (Marlin or the Company), today announced that it has entered into a definitive agreement in which HPS Investment Partners LLC (HPS) will, through its European Asset Value Funds, Â acquire all of the Companys outstanding shares of common stock in an all cash... More