One of the biggest acquisitions this month was Walmart agreing to buy online shopping site Jet.com for aroud $3.3 billion. The way the world’s largest retailer came about this purchase is almost funny. Walmart CEO Doug McMillion was given a “blank check” to defeat Amazon (AMZN), and he used it to buy Jet.com. Startup Jet.com … Continue reading “$3.3B Jet.com Deal Started With A Blank Check”
