LML Payment Systems (LMLP: Quote) announced Monday morning that it signed a definitive agreement to be acquired by Digital River (DRIV: Quote) in an all cash transaction, valued at $3.45 per share.
LML Payment Systems has gapped open dramatically higher this morning and is now up 1.53 at $3.40 on the highest volume of the year. The stock has leaped to a new high for the year.
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by RTT Staff Writer
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