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July 1, 2015 10:36 pm GMT
Xoom, a San Francisco-based online money transfer technology and services companythatwent public in 2013,is being acquired by PayPal for $25 per share in cash or$890 million. The price represents a 32percent premiumover Xoom’s three-month volume-weighted average price. As stated in a PayPal-issued release about the tie-up, “Acquiring Xoom allows PayPal to offer a… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/KdVhnPuzT5U/
PayPal Agrees to Buy Xoom for $890 Million
Xoom, a San Francisco-based online money transfer technology and services companythatwent public in 2013,is being acquired by PayPal for $25 per share in cash or$890 million. The price represents a 32percent premiumover Xoom’s three-month volume-weighted average price. As stated in a PayPal-issued release about the tie-up, “Acquiring Xoom allows PayPal to offer a… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/KdVhnPuzT5U/
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