Gilt City Confirms Acquisition of BuyWithMe’s Assets

Gilt Groupe’s daily deals business, Gilt City, has officially acquired the assets of BuyWithMe, as I reported last week. BuyWithMe customers are being redirected to the Gilt City Web site. Gilt did not disclose the terms, but sources familiar with the deal said the company paid about $5 million in cash and stock for the assets.


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Nobody was excited about paying top dollar for a movie about WikiLeaks. A film about the origins of Pets.com would have done better.

— Gitesh Pandya of BoxOfficeGuru.com comments on the dreadful opening weekend box office numbers for “The Fifth Estate.”