Report: Shift4 CEO Says Bids From Buyers Fall Short
Shift4 Payments’ CEO is reportedly unhappy with the offers from potential buyers for his firm.Chief Executive Jared Isaacman said those bids failed to “sufficiently value” the payments processor, Bloomberg News reported Sunday (March 17), citing an eternal memo.According to the report, the memo said the Pennsylvania-based Shift4 received “multiple offers” above its share price but its board of directors concluded that none properly valued the business or its potential.The Bloomberg report noted Isaacman wr ...