PlusGrade to Buy Points.com for $385 Million in Cash in Blockbuster Loyalty Deal
Skift Take
PlusGrade and Points.com deal with some of the same partners, and they can now approach them with a collaborative pitch.
Montreal-based PlusGrade, which helps airlines and cruise lines tap into ancillary revenue streams, announced a deal to acquire Toronto-headquartered Points.com for $385 million in cash.
The $25 per share cash offer for Points.com, which powers airline loyalty programs among other s
