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Bankrate buys Nationwide Card Services, Savingforcollege.com

Dec 10 (Reuters) - Bankrate Inc RATE.O said it acquired two companies, Nationwide Card Services and Savingforcollege.com, to broaden its credit card and college finance channels.

Including the acquisitions, the company expects revenue of $140 million to $145 million for 2008.

Nationwide Card Services was acquired for $26.4 million in cash, while Savingforcollege.com was bought for $2.25 million. (Reporting by Jennifer Robin Raj in Bangalore; Editing by Deepak Kannan)

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