Fitch: Jet Purchase Neutral to WMT’s Ratings; Underscores Commitment to E-Commerce Strategy – Business Wire (press release)


Business Wire (press release)
CHICAGO–(BUSINESS WIRE)–According to Fitch Ratings, Wal-Mart Stores, Inc.’s (Walmart) definitive agreement to acquire e-commerce company Jet.com, Inc. (Jet) for approximately $3 billion plus $300 million of stock is neutral to current ratings but …
Walmart Agrees to Acquire Jet.com, One of the Fastest Growing e-Commerce Companies in the U.S.Newsroom – Walmart
Walmart is buying Jet.com for $3 billionRecode
Wal-Mart’s Deal for Jet.com Said to Hinge on Keeping Its FounderBloomberg

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