Flipkart’s on-off-on-off-on-off deal to acquire Snapdeal is now officially dead

What a difference a week makes. Less than seven days after Flipkart’s much-rumored acquisition of Snapdeal appeared to be nearing completion after months of speculation, the deal has officially died. All that stood between a reported $900-$950 million acquisition was the approval of Snapdeal’s board, but now talks are over and Snapdeal will continue on as an independent company. Read More