New York-based MarketSnacks, a niche media company pumping out daily updates on the financial sector, has just been acquired by stock trading app Robinhood.

The local tie to this? Cofounder Nick Martell, who started the newsletter and podcast combo in 2012 alongside Jack Kramer, is a Wharton MBA candidate. As part of the deal, the duo will relocate to Palo Alto, Calif., and the company’s products will become Robinhood Snacks, and made available through the popular trading app.

“In 2012, we cofounded MarketSnacks outside our bank jobs to make financial news more accessible and enjoyable for our generation,” said Martell and Kramer in a joint statement. “That aligns perfectly with Robinhood’s mission, and together we can inform millions of people every day. We’re honored to join forces with Robinhood and thankful for our incredible Snackers who helped get us here.”firs

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