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Groupon's (GRPN) Ideeli Deal is 'Good Fit' - Analyst

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Groupon (GRPN) Acquires Flash Fashion Retailer ideeli

January 13, 2014 9:42 AM EST

Groupon (Nasdaq: GRPN) announced the acquisition of ideeli, a leading online flash fashion retailer, further extending its presence in fashion and apparel. The deal closes January 13 for $43 million in cash.

Ideeli provides its millions of members with access to leading brands in women's and mens apparel and accessories and home decor at... More