Bankrate Being Acquired for $1.4B Cash at a 30% Premium
NC-based Red Ventures, a digital consumer choice platform, has inked a deal to acquire Bankrate, an online publisher, aggregator, and distributor of personal finance content and a top credit card commissioned marketer. Under the terms of the merger agreement, Bankrate shareholders will receive $14.00 per share in cash, which represents a premium of approximately 31%…