Today's links 8/8: Walmart Agrees to Acquire Jet.com; Dentsu acquires marketing agency Merkle in a $1 billion+ deal
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Walmart Agrees to Acquire Jet.com, One of the Fastest Growing e-Commerce Companies in the U.S. (Press Release)
Confirmed: Walmart buys Jet.com for $3B in cash (TechCrunch)
Founder Marc Lore is a Bucknell grad, perhaps permanently on leave from the Wharton MBA program. MentorTech Ventures was an initial investor in Jet.
This guy spent $18,000 to win a Jet contest — now he's a multimillionaire after its sale to Walmart (Business Insider)
The winner, Eric Martin, is from York, PA.
Dentsu acquires US marketing agency Merkle in a deal worth more than $1 billion (Business Insider)
Dentsu Aegis to Buy Data and Performance Marketing Agency Merkle (Ad Age)
Merkle, based in Columbia, Md, is strong up & down east coast, & has substantial Philadelphia office.
NBCUniversal gets exclusive TV rights to Harry Potter films until 2025 (The Verge)
Hulu will soon end its free streaming options (Ars Technica)
Liberty’s Charter Take (Cablefax)
Versa Eyeing Aeropostale For Purchase
(Pymnts)
Versa Capital Management, Ira Lubert's turnaround shop, seems to be going after bigger deals in retail as of late.
Google acquires cloud commerce company Orbitera (VentureBeat)
Oracle's Data Breach May Explain Spate of Retail Hacks
(Fortune)
Twilio reports revenue of $64.5 million in first quarter as a public company (VentureBeat)
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