Why GreenSky Stock Soared 53% Today

Shares of GreenSky (NASDAQ: GSKY) surged 53.2% on Wednesday after the specialty lender agreed to be acquired by Goldman Sachs (NYSE: GS).  

The all-stock deal values GreenSky at roughly $2.2 billion, or about $12.11 per share. That's a premium of nearly 56% from the stock's closing price on Tuesday.

GreenSky struck a deal with financial services powerhouse Goldman Sachs. Image source: Getty Images.

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Source Fool.com