Liquidity Services acquires Dyscern
Sep 28, 2009 (Datamonitor Financial Deals Tracker via COMTEX) --
Company: Liquidity Services Inc (LQDT)
Liquidity Services, Inc., an operator of business-to-business (B2B) auction marketplaces, has acquired Dyscern LLC, a company specializing in the recovery and resale of consumer electronics.
Both the companies are based in the US.
Deal Type Acquisition Sub-Category Majority Acquisition Deal Status Completed: 2009-09-27
Deal Participants
Target (Company) Dyscern LLC Acquirer (Company) Liquidity Services, Inc.
Deal Rationale
The acquisition provides Liquidity Services the ability to liquidate items directly to consumers (B2C) allowing it to take advantage of additional inventory opportunities. Dyscern also gives Liquidity Services an entry into the trade-in segment of the secondary market through its Tradeups.com website.
Copyright (C) 2009 Datamonitor Financial Deals Tracker. All rights reserved
News Provided by COMTEX
Company: Liquidity Services Inc (LQDT)
Related terms: acquisition, business, consumer, electronics, market
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