Today’s Deals: CollegeClub Goes Back to School

Intershop + Subotnic
GmbH
, PayMyBills.com + Paytrust, Student
Advantage + CollegeClub.com
, Teletech + Newgen
Results















































 Student Advantage (STAD) acquires
CollegeClub.com

 

  
* 
Amount:
         $18
million

 

  
* 
Terms:
           
1.5 million shares/$7 million cash

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
       
Content/Communities

 

  
* 
Scorecard:
      B-

 



    BOSTON, Aug. 22–Student Advantage , an
    offline and online portal to the higher education community, and
    CollegeClub.com, an online integrated communications and media
    Internet company for college students, have signed a definitive agreement
    through which Student
    Advantage
    will acquire substantially all of the assets of CollegeClub.com. The purchase price
    consists of $7 million in cash and 1.5 million shares of Student Advantage
    common stock,, with an additional cash payment of up to $5 million to
    CollegeClub.com if certain Web site revenue performance goals are met
    during 2001.


     

 
































 Teletech (TTEC) to acquire Newgen Results
(NWGN)

 

  
* 
Amount:
         $200
million

 

  
* 
Terms:
           
100% stock

 

  
* 
Premium:
        30%

 

  
* 
Industry:
        Performance
software

 

  
* 
Scorecard:
      B

 



    DENVER, Aug 22–TeleTech , a global
    provider of eCommerce-enabling customer management solutions, announced a
    definitive agreement to acquire Newgen Results Corporation , a B2B channel management application service provider
    specializing in customer-relationship management and e-CRM for primarily
    the automotive industry. The Newgen
    Results
    acquisition strengthens TeleTech’s existing database management
    capabilities and further enhances its end-to-end eCRM solution with the
    addition of an enterprise channel management offering. The stock-for-stock
    exchange is valued at approximately $200 million.


     

 
































 PayMyBills.com to merge with
Paytrust

 

  
* 
Amount:
        
Undisclosed

 

  
* 
Terms:
           
100% stock

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
        E-commerce
enablers

 

  
* 
Scorecard:
      C+

 



    LAWRENCEVILLE, N.J., Aug 22–Paytrust, an Internet service
    that lets consumers receive, review, pay and organize all of their bills
    online, announced a definitive purchase agreement for an all-stock
    acquisition of privately-held PayMyBills.com, a personal bill
    management service. The merger unites the two leading companies in the
    rapidly growing online bill delivery and payment market, creating full
    “electronification” of the bill payment marketplace. Under the agreement,
    Paytrust will buy out competitor PayMyBills.com in an all stock
    transaction expected to take effect within one month. Financial details of
    the deal were not disclosed.


     

 
































 Intershop acquires Subotnic GmbH

 

  
* 
Amount:
        
Undisclosed

 

  
* 
Terms:
           
n/a

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
        Performance
software

 

  
* 
Scorecard:
      n/a

 



    SAN FRANCISCO & BERLIN, Aug 22–Intershop, a provider of
    electronic commerce applications and software solutions, announced the
    a

    cquisition of Subotnic GmbH. Berlin-based Subotnic specializes in the development
    of content management software and solutions designed to integrate with
    electronic commerce systems. With this acquisition, Intershop significantly expands its
    product offering by adding Content Integrated Commerce functionality to its
    flagship enterprise product, enfinity. Terms of the deal were not
    disclosed.


     

 

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