Borderfree (NASDAQ: BRDR) 104% HIGHER; Pitney Bowes Inc. (NYSE: PBI) signed a definitive agreement to acquire Borderfree (NASDAQ: BRDR). Under the terms of the definitive agreement, Pitney Bowes will commence a tender offer for all outstanding common shares of Borderfree, at $14.00 per share in cash or approximately $395 million in the aggregate, net of expected cash and investments on Borderfree’s balance sheet at the time of closing.
MoneyGram (NASDAQ: MGI) 37.8% HIGHER; Western Union (NYSE: WU) said in talks to buy MoneyGram (NASDAQ: MGI), according to Bloomberg.
zulily (NASDAQ: ZU) 20% LOWER; reported Q1 EPS of $0.01,