Flash sales giant Gilt Groupe is acquiring the troubled daily deals startup BuyWithMe, which recently saw over half its staff laid off after the company failed to raise the funding it needed to survive. Beginning November 1st, BuyWithMe will officially become a part of Gilt, according to a report from
BetaBeat, which has been covering the BuyWithMe saga for the past couple of weeks.
Source: http://feedproxy.google.com/~r/Techcrunch/~3/b9JR82v7DDs/
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