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Wal-Mart Snags US E-Commerce Site For $3.3B In Cash, Stock

By Fola Akinnibi ( August 8, 2016, 2:10 PM EDT) -- Wal-Mart Stores Inc. plans to bolster its web presence with the $3.3 billion cash-and-stock purchase of online retailer Jet.com Inc., the retail giant said on Monday, in a deal that fits into the company's wider growth strategy....

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