Why Is SoFi Paying $1.1 Billion For Technisys? SOFI Stock

SoFi (SOFI) agreed to purchase Technisys for 84 million shares of SOFI common stock, or about $1.1 billion. SOFI expects the acquisition to add a cumulative $500-800 million through year-end 2025 at high incremental rates. SOFI also anticipates the deal closing in Q2 2022. Why are investors not cheering for this merger? Here are three reasons why.

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