Endurance International acquires Constant Contact for $1.1 billion

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Endurance International Group (NASDAQ: EIGI) has acquired email marketing company Constant Contact for $1.1 billion in an all-cash deal.

Shares in Constant Contact (NASDAQ: CTCT) closed Friday at $26.10, for a market cap of about $840 million. Endurance is paying $32.00 per share, and shares in Constant Contact have jumped in pre-market trading.

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