Borderfree's Stock Soars After Merger Deal With Pitney Bowes
May 05, 2015 at 16:52 PM EDT
Shares of Borderfree Inc. rocketed 76% in light after-hours trade Tuesday, after the e-commerce services company announced an agreement to be acquired by Pitney Bowes Inc. in a deal that would value Borderfree at about $448.7 million.
