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.
Source
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.
Source