Stamps.com Announces Intention to Acquire Online Shipping Company Endicia From Newell Rubbermaid
EL SEGUNDO, CA — (Marketwired) — 03/24/15 — Stamps.com® (NASDAQ: STMP) today announced that it has entered into a definitive agreement with Newell Rubbermaid Inc. for Stamps.com to acquire Endicia, a wholly owned subsidiary of Newell Rubbermaid, for $215 million in cash. Based in Palo Alto, California, Endicia is a leading provider of high volume shipping technologies and solutions for use with the U.S. Postal Service® and other postal partners.Endicia offers solutions that help busi