The inside story of Snapdeal Flipkart merger breakdown
 

http://img-s-msn-com.akamaized.net/t...6&q=60&o=f&l=fBoth Kunal and Rohit put together have only 6.5% of stake at Snapdeal. In spite of getting two back to back offers from Flipkart of USD 800 million and USD 950 million, plus having Softbank go ahead for the deal, they managed to prevent this merger from happening.

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