By Colin Kellaher
GreenSky Inc. shares rose more than 50% Wednesday after the specialty lender agreed to be acquired by Goldman Sachs Group Inc. in a stock-swap deal worth about $2.24 billion.
Goldman will issue 0.03 shares, worth $12.11 based on Tuesday's closing price of $403.69, for each share of GreenSky.
That represents a nearly 56% premium to Tuesday's closing price of $7.77 for Atlanta company.
GreenSky shares were recently up 51.5% to $11.77.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
09-15-21 1016ET