CANADA > PayPal to acquire TIO Networks for $233Mn

PayPal.svg USA based PayPal to acquire Canada based bill payment management company TIO Networks for $233 million. The all-cash deal is expected to close in late 2017. TIO last year alone served some 14 Million customers through its 65,000 retail locations and online. PayPal is expected to pay $2.56 per share for the acquisition.   About TIO NetworksTIO Networks is an More …