HALISTER: Wal-Mart Agrees to Buy Jet.Com for About $3b

Wal-Mart Agrees to Buy Jet.Com for About $3b

(Bloomberg) -- Wal-Mart agrees to buy Jet.Com for ~$3b in cash, a portion of which will be paid over time.
  • Additionally, $300 million of WMT shares will be paid over time as part of the transaction
  • NOTE: 8/6, Wal-Mart’s Deal for Jet.com Said to Hinge on Keeping Its Founder
  • Statement:Link
Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
WMT US (Wal-Mart Stores Inc)
AMZN US (Amazon.com Inc)
1045848D US (Jet.com Inc/NJ)

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