MacAndrews & Forbes-backed Harland Companies to acquire RetailMeNot for $630m.

MacAndrews & Forbes-backed Harland Companies, a provider of best-in-class integrated payment solutions and marketing services, agreed to acquire RetailMeNot, a savings destination connecting consumers with retailers, restaurants and brands, both online and in-store, for $630m. "RetailMeNot provides a new global digital channel to distribute our clients' offers that perfectly complements Valassis' current digital, mobile, mail and other print networks. RetailMeNot's capabilities span multiple platforms and channels including web, mobile and app, delivering online coupons and sales, discounted gift cards, and cash back offers, along with food, dining and travel offers. The addition of RetailMeNot brings Valassis' clients a new, vast and active consumer base explicitly seeking deals, offers and savings. We are thrilled that we will be working with RetailMeNot's outstanding Austin based team and look forward to continuing to grow our business together," Victor Nichols, Harland Companies CEO.