US Sears Holdings buys Israeli Delver.com
SHLD | Quote | Chart | News | PowerRating -- Illinois-based based broadline retailer Sears Holdings Corp
(NASDAQ:SHLD) has acquired the assets of Israeli based social search
engine company Delver.com.
No financial details of the transaction were disclosed.
Sears bought the company through a newly formed subsidiary called SHC
Israel Ltd, based in Israel.
The deal is part of Sears' expansion plans in the e-commerce business.
Sector: Social search engine, online services
Type: Assets acquisition
Target: Delver.com
Buyer: Sears Holdings
Status: Completed
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