Bullish Shares Pop on $4.2 Billion Deal to Acquire Transfer Agent Equiniti

In brief

• Bullish announced a definitive agreement to acquire transfer agent Equiniti from private equity firm Siris Capital for $4.2 billion.
• The transaction includes $1.85 billion of assumed debt and $2.35 billion in Bullish stock at $38.48 per share.
• The combined entity will serve nearly 3,000 public companies while building regulated infrastructure for tokenized securities.