GLG News Analyses of the following article:American Express Says It Will Buy Revolution Money
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Published at: www.bloomberg.com
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$300 Million for Revolution is Perplexing
November 18, 2009
It was only 8 months ago that Ted Leonsis said that the post-money valuation of Revolution Money is less than $200 million (WSJ April 6, 2009). As I remember thinking that number was wildly inflated at the time I was truly shocked to read about $300 Million purchase price.
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