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Poshmark
the on-line market for new and utilised clothes, property merchandise, and electronics, agreed to be marketed to South Korea’s biggest web organization,
Naver
for $1.2 billion in income.
The organizations declared the deal immediately after the market’s near on Monday.
Naver
(ticker: KRX) is attaining
Poshmark
(POSH) shares for $17.90 in hard cash, a 15% quality to Poshmark’s closing rate.
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