Yahoo to acquire social shopping service Polyvore

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Yahoo is gobbling up businesses, and there’s no sign of that slowing down. The latest among its business deals is an agreement to buy the social shopping website Polyvore. The details of the upcoming acquisition’s financial terms were not given, and the deal is said to be subject to certain unspecified closing conditions. Polyvore’s co-founder Jess Lee praised the deal, saying, “I’m delighted to join Yahoo.” Polyvore’s service will keep operating after the Yahoo acquisition goes through.

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