1 Min Read
(Reuters) - Online coupon provider RetailMeNot Inc SALE.O said it had agreed to be bought by Harland Clarke Holdings Corp for about $555 million, according to Reuters' calculation.
Harland Clarke, owned by billionaire Ron Perelman's investment company MacAndrews & Forbes Inc, has offered $11.60 per share for each RetailMeNot share, representing a premium of 49.7 percent to the stock's Monday close.
(Corrects paragraph 1 to say deal value is based on Reuters' calculation; removes reference to deal value from headline.)
Reporting by Narottam Medhora in Bengaluru; Editing by Anil D'Silva