Compaq Reduces Purchase Offer

Share this article:
Compaq Computer Corp., the Houston-based computer giant, has lowered its previously reported offer to acquire Shopping.com to $18.25 per share, from $19 per share. Compaq said it negotiated the revised offer after "the disclosure by Shopping.com of additional information, including information regarding the number of shares of common stock and convertible securities outstanding." The revised offer has been endorsed by the board of directors of Shopping.com, Corona del Mar, CA, a fledgling online commerce company.
Share this article:
You must be a registered member of Direct Marketing News to post a comment.
close

Next Article in Digital Marketing

Follow us on Twitter @dmnews

Latest Jobs:

Featured Listings

More in Digital Marketing

Customer Identity in the Digital Age

Customer Identity in the Digital Age

Industry experts explore the value in a person's cyber identity for marketers.

Epsilon Rebrands as End-to-End Marketing Solution

Epsilon Rebrands as End-to-End Marketing Solution

The goal is to flame the perception that technology and creativity live under one roof at the company, says President Andy Frawley.

Mobile Spend Vaults 76 Percent in First Half, IAB Reports

Mobile Spend Vaults 76 Percent in First Half, ...

Overall Internet ad revenues escalate by 15% to $23 billion, also fueled by increased activity in social media and video.