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March 19, 2012 08:44 pm GMT
CafePress, the company that allows customers to design, buy and sell merchandise including t-shirts, hats, bags, mugs, stickers, and more, has entered into an agreement to acquire customized clothing seller Logo'd Softwear, Inc. The acquisition, which was noted in an amendment recently filed to CafePress, Inc.'s S-1, states that the agreement allows CafePress to purchase all the assets of Logo'd for $8.3 million, with $7.5 million in cash and $800,000 in shares of common stock.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/iQHUMan74Cc/
CafePress To Acquire T-Shirt Competitor Logod Softwear For $8.3M
CafePress, the company that allows customers to design, buy and sell merchandise including t-shirts, hats, bags, mugs, stickers, and more, has entered into an agreement to acquire customized clothing seller Logo'd Softwear, Inc. The acquisition, which was noted in an amendment recently filed to CafePress, Inc.'s S-1, states that the agreement allows CafePress to purchase all the assets of Logo'd for $8.3 million, with $7.5 million in cash and $800,000 in shares of common stock.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/iQHUMan74Cc/
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