Excite@Home (Nasdaq: ATHM) announced today that it has agreed to purchase online greeting card company Blue Mountain Arts Publishing for approximately $780 million (US$) in cash and stock, with the possibility of a bonus stock issue that would push the deal above $1 billion.
Excite@Home Adds Blue Mountain To Its Arsenal
Posted by: Chet Dembeck & Andy Wang October 25, 1999 12:00 AMExcite@Home (Nasdaq: ATHM) announced today that it has agreed to purchase online greeting card company Blue Mountain Arts Publishing for approximately $780 million (US$) in cash and stock, with the possibility of a bonus stock issue that would push the deal above $1 billion.