Walmart to Buy Bonobos for $310 Million


Walmart, the world’s leading retailer, has agreed to buy NY-based Bonobos, for $310 million in cash. Bonobos is a manufacturer of men’s clothing available in 35 of its own retail stores, Nordstrom department stores and online. Following the closing of the deal, Andy Dunn, founder and CEO of Bonobos will report to Marc Lore, president …

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