Online payment service Bill Me Later will be bought by eBay in a $945 million cash and option deal, the companies announced Monday.
The Timonium-based company will retain its Maryland headquarters and move forward with plans announced last month to move into a new customer service facility in Hunt Valley, it said.
Bill Me Later ranked sixth on Inc. magazine’s 2007 list of the nation’s fastest-growing companies. It placed 64th this year.
“As we got to this scale and started thinking about our options, it became clear we could really change the game by becoming part of this giant company,” Mark Lavelle, vice president of corporate development for Bill Me Later, said in a statement.
