Jet.com, which was acquired by Walmart for $3.3 billion in September, buys out apparel and accessories site Shoebuy.com for $70 million from IAC. The e-tailer is a direct competitor of Amazon.The United Kingdom Competition & Markets Authority (CMA) approves VTech's acquisition of educational toy firm LeapFrog, stating that the deal will not lead to competition … [Read more...] about M&A And Lawsuits
Jet.com
Mergers & Acquisitions
Private equity company KKR is considering a bid for eOne after the company rejected a takeover bid from ITV. The Sunday Times named other potential suitors as ProSieben and Vivendi, as well as the potential for ITV to increase its offer. Walmart will buy Jet.com and its Hayneedle home furnishings subsidiary by yearend for approximately $3 billion in cash. Spin Master acquires … [Read more...] about Mergers & Acquisitions