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Gillian Tan

OnDeck's Bumpy Ride Isn't Over

A merger between the online lender and rival Kabbage would have its benefits, but one seemingly insurmountable hurdle, too.

On Deck Capital Inc. jumped as much as 11 percent on Thursday after a report that the New York-based online lender is an acquisition target of closely held rival Kabbage Inc. 

How realistic is a deal? Not very. That means for shareholders who have already endured quite a roller-coaster ride, it's not over yet.