Flipkart steps up bid to buy Snapdeal to $900-$950 million
 

http://img.s-msn.com/tenant/amp/enti...6&q=60&o=f&l=fIndian e-commerce player Flipkart has sweetened its buyout offer for smaller rival Snapdeal to between $900 million and $950 million, two people familiar with the negotiations said, adding that the new proposal is being evaluated by the company?s board. Reuters previously reported that Snapdeal had earlier this month rejected Flipkart?s initial bid of between $800 million and $850 million, as its board was unsatisfied with ...

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