RealPage (RP) Buys RentMineOnline for $6M
Tweet
Share
E-mailGet Alerts RP Hot Sheet
Join SI Premium – FREE
RealPage (NYSE: RP) announced it has purchased RentMineOnline, a software-as-a-service provider of social network marketing solutions for the multifamily rental housing industry.
The Company paid closing merger consideration of approximately $6.0 million at close subject to working capital adjustments. The Merger Agreement provides for the payment of up to an additional $3.5 million to RMO stockholders, subject to a reduction for indemnification claims, working capital adjustments, or the failure of RMO to achieve certain revenue milestones.
The Company paid closing merger consideration of approximately $6.0 million at close subject to working capital adjustments. The Merger Agreement provides for the payment of up to an additional $3.5 million to RMO stockholders, subject to a reduction for indemnification claims, working capital adjustments, or the failure of RMO to achieve certain revenue milestones.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- McCormick board member to resign after CFO appointment at Best Buy
- PayPal tumbles as Advent, Stripe said to drop $50 bln pursuit
- Lucid Group names three executives to commercial, finance, marketing roles
Create E-mail Alert Related Categories
Corporate News, Mergers and AcquisitionsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
