Green Dot Corporation announced today that it has entered into an agreement to buy UniRush, LLC. UniRush is the company behind the popular RushCard prepaid debit card.
Green Dot has agreed to pay $147 million in cash (less some potential adjustments). It has also agreed to pay an earn-out of at least $20 million.
A undercover officer named Rogers is the only one who can get in close enough to the criminals that terrorize neighborhoods with drugs and violence. However, he finds himself becoming part of the problem as he almost becomes what he’s trying to bring down.