According to The Business Insider, ecommerce juggernaut eBay is acquiring up-and-coming local shopping startup Milo.com for a reported $75 million. We're independently confirming the acquisition and trying to get details of the transaction, but the deal would certainly make a lot of sense.
Source: http://feedproxy.google.com/~r/Techcrunch/~3/wXxw1Z-tWGM/
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