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Visa Inc. Exchange Offer for Class B-1 and Class B-2 Common Stock

Visa Inc. Exchange Offer for Class B-1 and Class B-2 Common Stock

StockDefinitive Proxyhigh confidence

Merger Arbeconomics, downside, days

Deal value

stock

Per-share offer

Premium

Days to close

Term fee

ConsiderationStock
AnnouncedApr 24, 2026
Days outstanding84d
Expected close
Termination fee
Reverse term fee
Go-shop period
Fiduciary out
Financing condition
Debt commitment
Insider lock-up

No structured deal economics extracted yet. Re-run the scanner or fall back to the source filing below.


Timelineannounced → close
  1. Announced

    Apr 24, 2026

  2. Preliminary Proxy

  3. Definitive Proxy

  4. Record date

  5. Shareholder vote

  6. Expected close


Vote Mechanicsrecord / mailing / vote

No shareholder vote required for this transaction.


Regulatory & ConditionsHSR / EU / CFIUS / MAC

No regulatory or closing-conditions data extracted yet. The merger agreement Exhibit 10.1 contains this in the “Conditions to Closing” and “Regulatory Approvals” articles.


Closing Conditionsapprovals · vote · financing · lockups

No closing-condition data extracted.


Interloper Riskcompeting bids, activist filers

No competing-bidder, activist, or dissident-proxy signals in the database for this target.


Advisors

Acquirer side· Visa Inc.

Legal

Davis Polk & Wardwell LLP

  • · Joseph A. Hall
  • · John H. Runne
Copies to: Joseph A. Hall John H. Runne Davis Polk & Wardwell LLP 450 Lexington Avenue New York, New York 10017

Target side

None on record


Counterparty Historyprior deals in DB
FirmRoleSideDeals in DB
Davis Polk & Wardwell LLPLegalAcquirer3View deals →

Filing Timelineevery filing on this issuer
  1. Apr 24, 2026this filing

    Visa Inc. Exchange Offer for Class B-1 and Class B-2 Common Stock


Sources

Visa Inc. is conducting an internal exchange offer allowing holders of Class B-1 and Class B-2 common stock to exchange their shares for a combination of newly issued Class B-3 and Class C common stock, plus applicable cash consideration. Class B-1 stockholders will receive one quarter of a Class B-3 share and Class C common stock equivalent to one half of a Class B-1 share and one quarter of a Class B-2 share. Participating stockholders must enter into a Makewhole Agreement to reimburse Visa for future obligations related to covered U.S. litigation.

Item id: 9c922367-8230-4357-b248-3f59a7e1c9ec · ingested Apr 24, 2026