BUZZ-Open Lending gains on ANV Group acquisition deal

Open Lending Corporation

Open Lending Corporation

LPRO

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** Shares of fintech auto-lending platform Open Lending LPRO.O up 1.01% at $3.11 in afternoon trading

** LPRO says it will be acquired by ANV Group Holdings for $3.15 per share, representing a 78% premium to its 90-day volume weighted average price as of June 15

** ANV to buy remaining Open Lending shares via second-step merger at same price

** YTD, stock up ~100.73%


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