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  1. PayPal to Acquire San Francisco-based Xoom

    by , 07-12-2015 at 03:03 PM
    PayPal to Acquire San Francisco-based Xoom

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    PayPal, the giant company that provides money transfer services around the world, has agreed to acquire San Francisco-based Xoom, a company that facilitates the digital transfer of money internationally. According to the announcement the all-cash deal values Xoom at $890 million, or $25 a share.

    PayPal President Dan Schulman was quoted saying that expanding into international ...
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