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Walmart plans to acquire Bonobos for $310 million

Walmart plans to pay $310 million in stock and cash to acquire men’s apparel retailer Bonobos, No. 232 in the Internet Retailer Top 500. The deal, which has been rumored for months, continues Wal-Mart Stores Inc.’s rapid push to add e-commerce expertise and bolster categories that are rapidly growing online. Bonobos CEO Andy Dunn will […]

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