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Gen Digital Inc. shares fall 1.98% intraday after MoneyLion shareholders approve acquisition.
ByAinvest
Friday, Apr 11, 2025 11:19 am ET1min read
Gen Digital Inc. declined 1.98% in intraday trading, with the company's acquisition of MoneyLion Inc. being approved by shareholders. This acquisition is part of Gen Digital's strategic focus on enhancing shareholder value and limiting further dilution in non-core segments of its business.
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