10:05 AM EST - Points.com Inc. : Parent L.P., a leading ancillary revenue platform for the global travel industry, will acquire all of the issued and outstanding common shares of the Company for US$25.00 per common share in cash (equivalent to C$32.21 assuming a 1.2882 exchange rate as per the Bank of Canada May 6 noon rate) by way of a statutory plan of arrangement under the Canada Business Corporations Act Points.com Inc.
shares T.PTS are trading up $9.44 at $31.70.
