Speculation on a Buyout of OnDeck Capital

Bloomberg provides insight on factors involved in a potential takeover of OnDeck Capital after rumors on Thursday that Kabbage was considering an offer to acquire the firm; it seems OnDeck’s shareholders would likely veto a takeover with 45% of the company still owned by its original investors; as a private company, the structuring of the deal terms for Kabbage would also be difficult and to gain any interest from OnDeck’s shareholders they would have to offer a considerable premium.  Source