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Citigroup Inc. Message Board

  • cchaker cchaker Jul 24, 2013 3:09 PM Flag

    Zulily hires banks for possible IPO - sources

    Zulily hired investment banks in recent weeks to advise the fast-growing e-commerce company on a possible initial public offering, according to two people familiar with the situation.
    Zulily, a "flash sales" company founded by former Blue Nile executives Mark Vadon and Darrell Cavens, tapped Goldman Sachs, Citigroup's investment bank and Bank of America Merrill Lynch, for the IPO push, according to one of the people. Zulily is one of the first of a new crop of e-commerce companies to try to go public. Other e-commerce start-ups eyed for potential IPOs by bankers include Etsy, Gilt and Wayfair, according to the other person.

 
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