Naver will acquire Poshmark for $17.90 per share in an all-cash deal that will value the online retailer at roughly $1.2 billion, the companies said Monday. Poshmark shares popped in extended trading. South Korean internet giant Naver is acquiring U.S. e-retailer Poshmark for roughly $1.2 billion, the companies announced Monday. ...
See Details: South Korea's Naver to Buy U.S. E-Commerce Site Poshmark for $1.2 Billion