Bankrate (RATE) to be acquired by Red Ventures for $14.00 per share

    

Bankrate was acquired by Red Ventures for $1.24 billion in November, 2017.

• In September 2018, the former chief financial officer Edward J. DiMaria was found guilty of committing accounting and securities fraud which led to over $25 million in shareholder losses. DiMaria was sentenced to 10 years in prison, and ordered to pay $21,234,214 in restitution. Former vice president of finance Hyunjin Lerner also pleaded guilty for his role in the conspiracy and was sentenced to 5 years in prison.

  

Red Ventures LLC, a privately-owned marketing company, said Monday it has agreed to buy personal finance website operator Bankrate Inc. in a $1.24 billion all-cash deal, as it seeks to expand its presence in the financial-services industry.

Bankrate shareholders will receive $14 per share, representing a 9 percent premium to the stock's Friday closing.

The deal has an enterprise value of $1.4 billion.

2011 largest IPOs - by market cap

(Links go to Google Finance)

Name	Symbol	Last price on 8/31/11	Market Cap
Kinder Morgan Inc (Google Finance)	KMI	25.85	20.92B
Nielsen Hldg NV  (Google Finance)	NLSN	29.66	10.64B
HCA Holdings Inc (Google Finance)	HCA	20.03	10.36B
Yandex NV	YNDX	30.97	10.00B
Linkedin  (Acq'd by MSFT 6/16)	LNKD	84.12	8.10B
Arcos Dorados Holding...	ARCO	27.57	5.78B
Kosmos Energy Ltd	KOS	13.88	5.41B
HomeAway, Inc.	AWAY	41.84	3.37B
Dunkin' Brands Group Inc	DNKN	26.34	3.33B
Renren Inc	RENN	7.34	2.88B
Freescale Semicond...	FSL	11.50	2.82B
Qihoo 360 Technology Co...	QIHU	23.80	2.77B
GNC Holdings Inc	GNC	24.20	2.51B
Air Lease Corp	AL	22.81	2.30B
BankUnited	BKU	23.45	2.28B
Pandora Media Inc	P	13.20	2.13B
Fusion-IO, Inc.	FIO	25.04	1.95B
CVR Partners, LP Common...	UAN	24.33	1.78B
Bankrate Inc	RATE	16.65	1.66B
RLJ Lodging Trust	RLJ	13.26	1.41B
KiOR Inc	KIOR	13.80	1.41B
RPX Corp	RPXC	27.10	1.28B
C&J Energy Services Inc	CJES	26.14	1.24B
Servicesource Intl. Inc	SREV	18.07	1.23B
Adecoagro SA	AGRO	10.62	1.16B
Wesco Aircraft Holdings...	WAIR	12.31	1.05B
Golar LNG Partners LP	GMLP	25.71	1.00B
Zillow Inc	Z	37.18	1.00B
Francesca's Holdings...	FRAN	22.93	998.05M
SunCoke Energy, Inc	SXC	14.16	991.20M
Teavana Holdings, Inc.	TEA	25.95	987.15M
Vanguard Health...	VHS	12.94	924.94M
Tornier N.V.	TRNX	23.39	916.21M
Active Network Inc	ACTV	16.18	889.90M
Spirit Airlines...	SAVE	12.08	875.71M
Solazyme Inc	SZYM	14.01	835.97M
Lone Pine Resources Inc	LPR	9.73	827.24M
InterXion Holding NV	INXN	12.56	824.17M
Zipcar Inc	ZIP	21.03	820.95M
American Assets Trust...	AAT	20.12	790.39M
Cornerstone OnDemand...	CSOD	15.52	745.96M
Sandridge Mississippian...	SDT	26.06	729.68M
Demand Media Inc	DMD	8.65	725.99M
Tesoro Logistics LP	TLLP	23.44	708.00M
Responsys Inc	MKTG	14.56	685.13M
Jiayuan.com Intl. Ltd	DATE	12.91	611.46M
Oiltanking Partners LP	OILT	23.99	466.60M
Skullcandy Inc	SKUL	16.54	446.13M
Endocyte, Inc.	ECYT	10.96	389.83M
VOC Energy Trust	VOC	22.34	375.87M
Sagent Pharmaceuticals...	SGNT	22.99	365.98M
Magnachip Semiconductor...	MX	8.96	357.54M
Tangoe Inc	TNGO	11.07	347.55M
NGL Energy Partners LP	NGL	21.40	316.37M
Taomee Hldgs. Ltd...	TAOM	8.45	316.06M
The Chefs Warehouse, Inc	CHEF	14.50	299.67M
Boingo Wireless Inc	WIFI	8.75	289.99M
TMS International Corp.	TMS	7.37	289.32M
Gevo, Inc.	GEVO	10.67	276.96M
Fluidigm Corporation...	FLDM	13.49	269.70M
China Zenix Auto Intl...	ZX	5.05	260.63M
Phoenix New Media Ltd...	FENG	6.62	239.23M
Summit Hotel Properties...	INN	8.28	225.86M
Sequans Communications...	SQNS	5.92	204.37M
Alexander Mortgage REIT...	MITT	18.43	185.24M
Apollo Residential...	AMTG	17.75	182.29M
American Capital...	MTGE	18.20	182.11M
Stag Industrial Inc	STAG	10.76	171.01M
Imperial Holdings, Inc.	IFT	7.42	157.32M
Box Ships Inc	TEU	9.72	156.62M
Horizon Pharma Inc	HZNP	8.00	153.18M
NeoPhotonics Corp	NPTN	6.10	150.95M
Compressco Partners LP	GSJK	15.51	143.60M
Pacira Pharmaceuticals... (Google finance)	PCRX	7.66	132.01M
BG Medicine, Inc.	BGMD	6.04	116.65M
Trunkbow Intl. Holdings...	TBOW	2.96	108.36M
21Vianet Group Inc	VNET	12.02	107.68M
Zuoan Fashion Ltd (ADR)	ZA	3.01	83.32M
Tranzyme Inc	TZYM	3.10	73.50M
AcelRx Pharmaceuticals...	ACRX	3.40	66.03M
NetQin Mobile Inc	NQ	6.14	56.27M
Kips Bay Medical, Inc.	KIPS	3.20	50.35M
China Century Dragon...	CDM	0.0000*	41.00M
Preferred Apartment...	APTS	7.05*	36.46M
BCD Semicond. Manufactur...	BCDS	5.82	17.20M