MutualFundWire.com: BabyMint Makes a Buy
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Wednesday, January 29, 2003

BabyMint Makes a Buy


BabyMint has purchased the Nesteggz Division of Nuvisio for an estimated $4.5 million in cash. BabyMint works with a number of 529 college savings programs to promote college saving.

Nesteggz provides online, trackable coupons from a number of retailers. It will relocate its New York and Tel Aviv, Israel offices to BabyMint's Atlanta headquarters as part of the deal.

BabyMint works with both Waddell & Reed and MFS as 529 partners.


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