Latham & Watkins advised eBay on its $945 million acquisition of Bill Me Later, the online credit company. The deal contains $820 million in cash assets and approximately $125 million in outstanding options. It is expected to be completed by the end of the year, once it clears various closing conditions. Bill Me Later offers transactional credit to consumers at the point of sale through self-underwriting techniques and credit models.
November 17 2008
