Wednesday, October 28th, 2009
Rue La La Going Oo La La On Acquisition
Boston-based Retail Convergence Incorporated (RCI) who operates the rapidly emerging Rue La La web store is being acquired by GSI Commerce (NASDAQ: GSIC), for $180 million in cash and stock and up to $170 million in follow-on payments, depending on RCI’s performance.
Oo La La!!!
RCI owns and operates both Rue La La, a private website that sells [...]