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USA v. Visa Inc. et al
Case Number:
3:20-cv-07810
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November 17, 2020
Visa Says DOJ Is Dragging Out $5.3B Plaid Merger Challenge
The U.S. Department of Justice is pushing a September trial date for its challenge of Visa's proposed $5.3 billion purchase of fintech company Plaid in an effort to run out the clock and force the transaction's abandonment, the companies told a California federal judge on Tuesday.
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November 09, 2020
DOJ Abandons Bain Doc Petition In Favor Of Visa Discovery
The U.S. Department of Justice on Monday summarily dropped its Massachusetts federal court petition demanding documents Bain & Co. allegedly improperly withheld, preferring instead to seek that material as part of the new challenge to Visa's proposed $5.3 billion purchase of fintech company Plaid.
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November 05, 2020
DOJ Challenges Visa's $5B 'Insurance Policy' Buy Of Plaid
The U.S. Department of Justice challenged Visa's proposed $5.3 billion purchase of fintech company Plaid in California federal court Thursday, accusing the debit card giant of scooping up "a nascent competitive threat" to hold onto its monopoly.