News

Liquidity Services to buy consumer goods business

Liquidity Services Inc. said Thursday it plans to buy Jacobs Trading Co.’s consumer goods remarketing business in a deal valued at $140 million. The Washington, D.C. auction house said the acquisition will expand its relationship with WalMart, as well as add manufacturing clients, products and buyers to its consumer goods business. It will retain Jacobs Trading’s management team and employees.


Read the Article

Sign up for news and tips like this, straight to your inbox