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COUPONS April 11, 2017 Online coupon site RetailMeNot acquired for $630 million
By: Loknath DasHarland Clarke, a payment and marketing services firm, will acquire online coupon site RetailMeNot in a deal worth $630 million in equity. Harland Clarke will pay $11.60 per share in cash, which is about 50 percent higher than the stock’s closing price of $7.75 on April 7. A subsidiary of MacAndrews and Forbes Holdings, the […]
NEWS March 3, 2016 Oyo Rooms has acquired Zo Rooms: SoftBank
By: sristy SahaZo Rooms had 300 employees and 20,000 listed properties across 30 cities. Photo: Mohsin Shaikh/Mint New Delhi: Oyo Rooms, the budget hotel-booking app backed by Japanese billionaire Masayoshi Son’s SoftBank Corp., has acquired smaller rival Zo Rooms. SoftBank, which took part in a $100 million round of funding in Oyo Rooms last year, announced the acquisition […]
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