Buy.com Sold For $250 Million
According to TechCrunch.com, Buy.com was purchase for $250 million dollars by a Japanese e-commerce company, Rakuten.
The deal is all cash
Rakuten in Japan counts 64 million members, while Buy.com claims 14 million customers.
Seems like a pretty cheap price for one of the most recognizable brands on the net and 14 million customers.