VistaPrint To Acquire Webs For $117.5M
VistaPrint NV (NASDAQ: VPRT) agreed to buy Webs Inc for $117.5 million in cash and restricted stock.
VistaPrint plans to acquire Webs for $100 million in cash and $17.5 million in restricted stock. The deal is likely to complete within one month.
VPRT shares closed at $32.74 on Friday.
© 2015 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.