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Visa, Plaid Call Off $5.3B Deal Following DOJ Challenge

By Bryan Koenig (January 12, 2021, 4:39 PM EST) -- Visa has abandoned its proposed $5.3 billion purchase of Plaid, following a Department of Justice merger challenge alleging that the debit card giant was scooping up "a nascent competitive threat" to its dominance in online debit transactions in the U.S....

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