Walmart to acquire Jet.com for approximately $3 billion

BENTONVILLE, Ark. and HOBOKEN, N.J., 2016-Aug-13 — /EPR Retail News/ — Wal-Mart Stores, Inc. and Jet.com, Inc. today announced they have entered into a definitive agreement for Walmart to acquire Jet for approximately $3 billion in cash, a portion of which will be paid over time. Additionally, $300 million of Walmart shares will be paid over […]