InfoSpace Buys Mercantila
InfoSpace Inc. (Nasdaq: INSP) has acquired the assets of San Francisco-based online retailer Mercantila Inc. The deal is valued at $8 million in cash, plus the assumption of up to $5.9 million in liabilities. Mercantila has raised around $27 million in VC funding, most of which came from Lightspeed Venture Partners.
12 May 2010•3 mins read
