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Rakuten Buys Ebates For $1 Billion

Rumors have been swirling around Japan’s Rakuten, which has been in discussions with rebate website operator Ebates.com, regarding a potential acquisition deal. That deal is now official, and Rakuten has agreed to acquire Ebates for $1 billion. http://techcrunch.com/2014/09/09/rakuten-buys-ebates-for-1-billion/ #tech

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