|Bid||13.850 x 583300|
|Ask||13.900 x 135300|
|Day's Range||13.850 - 13.900|
|52 Week Range||6.910 - 14.250|
|PE Ratio (TTM)||-30.70|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Announcement: Moody's says Bankrate's B1 CFR and stable outlook are not immediately impacted by announcement of pending sale to Red Ventures. Global Credit Research- 05 Jul 2017. Approximated $370 million ...
Bankrate Inc., the owner of Austin-based CreditCards.com, has agreed to be acquired by Red Ventures in an all-cash transaction valued at roughly $1.4 billion, the companies announced Monday morning . The deal would pay Bankrate (RATE) shareholders $14 per share, a premium of roughly 31 percent compared with the company's three-month average closing price. “We’re excited to join forces with the Bankrate team, which has built an impressive and powerful platform of consumer-facing financial services content and brands,” Red Ventures CEO Ric Elias said in a statement.