Jumio files for bankruptcy, plans sale to Facebook co-founder - Mark...
03/22/16
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Jumio files for bankruptcy, plans sale to Facebook co-founder
MarketWatch
Saverin is offering to acquire Jumio out of bankruptcy for $22.7 million, much of which is composed of debt forgiveness in addition to $3.2 million in cash. His bid would be subject to rival offers through a bankruptcy court-overseen auction process.
Jumio Gears Up For Post-Bankruptcy Sale To Facebook CofounderPYMNTS.com
Facebook Co-Founder Bids for ID Vendor Jumio in Bankruptcy AuctionAmerican Banker
Identity verification startup Jumio files for bankruptcy, will sell assets to early backer Eduardo SaverinTechCrunch
Business Wire (press release) -IBS Intelligence (subscription) (blog)
all 34 news articles »
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MarketWatch
Saverin is offering to acquire Jumio out of bankruptcy for $22.7 million, much of which is composed of debt forgiveness in addition to $3.2 million in cash. His bid would be subject to rival offers through a bankruptcy court-overseen auction process.
Jumio Gears Up For Post-Bankruptcy Sale To Facebook CofounderPYMNTS.com
Facebook Co-Founder Bids for ID Vendor Jumio in Bankruptcy AuctionAmerican Banker
Identity verification startup Jumio files for bankruptcy, will sell assets to early backer Eduardo SaverinTechCrunch
Business Wire (press release) -IBS Intelligence (subscription) (blog)
all 34 news articles »