SunTrust Downgrades Higher One (ONE) to Neutral

Go back to SunTrust Downgrades Higher One (ONE) to Neutral

Blackboard Affiliate to Acquire Higher One

June 30, 2016 7:49 AM EDT

WASHINGTON, June 30, 2016 /PRNewswire/ -- Blackboard Inc., the world's leading education technology company for teaching, learning and student engagement, today announced that an affiliate of the company has entered into a definitive agreement to purchase Higher One Holdings, Inc. (NYSE: ONE) ("Higher One"). The acquisition will allow for collaboration between CASHNet, the market software leader in secure online payment of tuition and fees, and the Blackboard Transact business line.... More

Higher One Announces Sale to Blackboard Affiliate for $5.15 Per Share

June 30, 2016 7:35 AM EDT

All-Cash Sale Price Represents 37.3% Premium and Values Higher One Equity at $260 million

Culmination of Strategic Alternatives Process First Announced in December 2015

NEW HAVEN, Conn.--(BUSINESS WIRE)-- Higher One Holdings, Inc. (NYSE: ONE) (Higher One) announced today it has entered into a definitive agreement to sell the company to an affiliate of Blackboard, the worlds leading education technology company, for $5.15 in cash per share. The all-cash sale price represents a 37.3% premium over the closing price of the Higher One Holdings shares on June 29, 2016 and an equity value... More