Another buy out.. and another 20,000 customers for DealsDirect:
Quote:
Online department store giant DealsDirect has made another investment in an online start-up, buying ToyBarn.com.au for an undisclosed amount and company chief Paul Greenberg suggested more acquisitions of small retailers will come as start-ups find themselves lacking momentum.
The investment comes as media giant Fairfax is looking to expand its digital portfolio, with a new report claiming the company is considering an investment in private selling site OzSale that would value the company at $120 million.
|
http://www.smartcompany.com.au/inter...quisition.html
06-07-11, 02:55 PM
ToyBarn.com.au acquired by DealsDirect
Linear Mode
