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Slideshow Mergers & Acquisitions

By The Online Investor Staff, updated Mon., Oct. 20, 5:11 PM

Slide #2. Stamps.com ShipWorks

Acquirer: Stamps.com (NASDAQ:STMP)
Acquiree: ShipWorks
Details: Stamps.com (NASDAQ: STMP), the leading provider of USPS postage online to over 500,000 customers, today announced the acquisition of ShipWorks, based in St. Louis, Missouri, which offers monthly subscription based e-commerce shipping software.

Stamps.com is a provider of Internet-based postage solutions. Co.'s customers uses its service to mail and ship a range of mail pieces, including postcards, envelopes, flats and packages, using a range of U.S. Postal Service mail classes, including First Class Mail®, Priority Mail®, Priority Mail Express®, Media Mail®, Parcel Select®, and others. Co. provides the following PC Postage products and services to its customers: PC Postage Services, PC Postage Integrations, Mailing and Shipping Supplies Store, as well as Branded Insurance. In addition, Co. provides PhotoStamps, which is a form of postage that allows consumers to turn digital photos, designs or images into postage.

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Company Name:  Stamps.com Inc.
Website:  www.stamps.com
Sector:  Application Software
Number of ETFs Holding STMP:  29
Total Market Value Held by ETFs:  $28.90M
Total Market Capitalization:  $528.00M
% of Market Cap. Held by ETFs:  5.47%
 

Open the STMP Page at The Online Investor (in a new window) »

October 20, 2014    5:11 PM Eastern
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Buy (2.67 out of 4)
26th percentile
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