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Gen Digital Acquires MoneyLion In business news, Gen Digital, the owners of several of the most popular antivirus products, bought MoneyLion for $1 billion in cash. The fintech company is getting a 6.5% premium on its last closing price of $82 per share. How does this exactly fit in with other Gen Digital holdings like Avast, Norton, LifeLock, Avira, AVG, ReputationDefender, and CCleaner? CEO Vincent Pilette said, “Gen has a family of consumer brands that's dedicated to protecting people's privacy, identity and financial assets so they can live their digital lives securely and without worry… By bringing MoneyLion into the Gen family, we're not only helping people protect what they already have, we're extending our capabilities to enable people to better manage and grow their financial wealth."

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