Stamps.com agreed last month to settle a lawsuit filed by Rapid Enterprises, which operates as Express 1. The case began after Stamps.com acquired ShipStation last year, in June. Express 1 then sued ShipStation on August 14, 2014. Express 1 is Read more
The government is scrutinizing the Stamps.com deal to acquire Endicia, but Stamps said it expects the deal to go through this year. It also revealed that if the deal does not gain antitrust regulatory approval, Stamps must pay Endicia’s parent Read more
Stamps.com revealed that its planned acquisition of Endicia is still proceeding through the Hart-Scott-Rodino antitrust review process. CEO Ken McBride said during the company’s recent quarterly earnings call, “We are currently in the regulatory review process with the Department of Read more
Stamps.com will acquire Endicia for $215 million in cash pending regulatory approval, including antitrust scrutiny courtesy of the Hart-Scott-Rodino Act. The two companies provide online postage solutions, including solutions for online sellers. Stamps.com said the move would help it compete Read more
Two companies that help online merchants with their shipping automation were scooped up this year by Stamps.com, highlighting the importance of ecommerce to the shipping industry. Stamps.com paid $22 million in cash for ShipWorks this month, and it paid $50 million (plus Read more
