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June 6, 2011 03:44 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/iXv2Jhj1hfQ/
Intertainment Gets In On The Daily Deal Frenzy, Acquires DealFrenzy.com
Canada's Intertainment Media has agreed to acquire Canada's DealFrenzy.com, a me-too daily deals site. The company coughed up half a million dollars in cash and $200,000 in Intertainment common stock to purchase its technology, deal pipeline and team.The acquisition is expected to close by the end of this month (Intertainment is a publicly listed company so needs regulatory and board approval first).Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/iXv2Jhj1hfQ/
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