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ICE To Acquire Bridge2 Solutions

February 05, 2020 — 09:39 am EST

Written by RTTNews.com for RTTNews->

(RTTNews) - Intercontinental Exchange Inc. (ICE) said that it has agreed to acquire Bridge2 Solutions, a provider of loyalty solutions for merchants and consumers. The terms of the deal was not disclosed.

Following the completion of the transaction, Bakkt, a majority-owned subsidiary of ICE, plans to acquire Bridge2 Solutions from ICE using proceeds from Bakkt's Series B round of funding.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.
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