LendingClub (NYSE: LC), the largest marketplace lending platform in the US, has issued a public warning regarding a solicitation by IEG holdings apparently making a tender for LendingClub stock. The LendingClub Board of Directors received a letter from IEG Holdings on January 2nd. This is… Read More
Read more in: Investment Platforms and Marketplaces | Tagged asic, ieg holdings, lendingclub, paul mathieson
Below is the copy of the letter Paul Mathieson, the CEO of IEG, sent to Scott Sanborn, CEO of LendingClub, and the LendingClub Board of Directors. In the letter, Mathieson declares his intent to commence a tender offer for up to 9.99% of LendingClub (NYSE:LC)… Read More
Read more in: Investment Platforms and Marketplaces | Tagged australia, ieg holdings, lendingclu, lendingclub, marketplace, online lending, paul mathieson, scott sanborn, tender offer
LendingClub (NYSE: LC) has announced that on June 29, 2017, its Board of Directors received a letter from IEG Holdings Corporation (IEG) stating its intention to acquire up to 9.99% of the outstanding common stock of LendingClub on the basis of two shares of IEG common stock… Read More
Read more in: Investment Platforms and Marketplaces | Tagged ieg holdings, lc, lendingclub, marketplace, online lending, paul mathieson
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