FTAC Athena Acquisition Corp. (FTAA) to Combine with Pico in $1.4Bn Deal

FTAC Athena (NASDAQ:FTAA) has entered into a definitive agreement to combine with fintech firm Pico at an enterprise value of $1.4 billion, or 7.2x its 2021E revenue. New York City-based Pico provides high-speed financial markets data and analysis to institutions across the globe from exchanges in 20 cities. The combined company is expected to trade
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