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Nasdaq to acquire Verafin for US$2.75B in cash

nasdaq.com

13 points by newfie_bullet 5 years ago · 2 comments

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newfie_bulletOP 5 years ago

I worked here for 6 years (didn't get in on any of this stock unfortunately). Still awesome to see a local Newfoundland/Canadian company do so well and be recognized like this. This is going to have a huge impact on our local economy and the software sector as a whole in Newfoundland. Exciting times!

Other news articles: https://www.cbc.ca/news/canada/newfoundland-labrador/verafin... https://www.cnbc.com/2020/11/19/nasdaq-to-buy-financial-frau...

  • aqzman 5 years ago

    I'm kicking myself for not going for a job there in the past! I know/knew quite a few people who work for Verafin, and I've heard it's a great place to work.

    This is fantastic news for Verafin, and, like you said, will have a huge impact on the local economy of the St. John's area. It's nice to hear some good news for our area for a change. I look forward to watching the software industry in the area unfold over the next few years.

    It's great to hear that their headquarters is going to remain in St. John's as well, I feared the worst when I initially read the headline.

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