Today’s Deals: CollegeClub Goes Back to School

 Student Advantage (STAD) acquires
CollegeClub.com

  
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Amount:         $18
million

  
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Terms:           
1.5 million shares/$7 million cash

  
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Premium:        n/a

  
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Industry:       
Content/Communities

  
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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

  
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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.