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Wal-mart (WMT) Completes Takeover of Jet.com

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Walmart Completes Acquisition of Jet.com, Inc.

September 19, 2016 5:07 PM EDT

BENTONVILLE, Ark.--(BUSINESS WIRE)-- Wal-Mart Stores, Inc. (NYSE: WMT) today announced completion of the companys acquisition of Jet.com, Inc., following expiration of the waiting period under federal regulations. The news was initially shared on Instagram by Walmart President and CEO Doug McMillon.

As previously disclosed, Walmart... More