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Harland Clarke to Buy RetailMeNot for $555 Million

Reuters
Harland Clarke to Buy RetailMeNot for $555 Million

Online coupon provider RetailMeNot sale said it had agreed to be bought by Harland Clarke Holdings for about $555 million, according to Reuters’ calculation.

Harland Clarke, owned by billionaire Ron Perelman’s investment company MacAndrews & Forbes, has offered $11.60 per share for each RetailMeNot share, representing a premium of 49.7% to the stock’s Monday close.

This story has been updated.

This article was originally published on FORTUNE.com