The Flipkart-Snapdeal proposed merger has hit yet another snag. According to numerous reports, Snapdeal board has rejected an offer of about $700-800 Mn from homegrown ecommerce major Flipkart for the proposed deal. The development comes just a few days after Flipkart completed its commercial and legal due diligence of Snapdeal. As per Livemint, post completion […]
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