LML Payment Systems Inc., through its subsidiaries Beanstream Internet Commerce Inc. in Canada and LML Payment Systems Corp. in the U.S., is a leading provider of financial payment processing solutions for e-commerce and traditional businesses. We provide credit card processing, online debit,... More
Monday, Sep 242012, 4:35 PMDigital River (DRIV +0.3%) is buying LML Payment Systems (LMLP +81.8%), a provider of online/mobile payment processing and risk management services for SMEs, for $3.45/share in cash, or $102.8M. Digital River, whose e-commerce software business has fallen on hard times, plans to integrate LML's solutions with its own payment processing service, which has historically focused on larger businesses. (PR) |Monday, Sep 242012, 4:35 PM| Comment!
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