Vistaprint Swings $117.5M Deal to Acquire Webs Inc.
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VENLO, NETHERLANDS—Vistaprint N.V. has carved out a deal to acquire Silver Spring, MD-based Webs Inc., which provides a do-it-yourself suite of Websites, Facebook pages and mobile presence solutions for small businesses, for $117.5 million payable at closing. The company’s revenues for the calendar year 2011 are forecast to be approximately $9 million.
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