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Samsonite buys eBags for $105 million

Samsonite buys eBags for $105 million

Luggage giant Samsonite International S.A. has acquired web-only travel bag retailer eBags Inc. for $105 million in cash. This is the second major acquisition in a little more than a year for Samsonite, which bought upscale luggage retailer Tumi Inc., No. 393 in the Internet Retailer 2016 Top 500 Guide, for $1.8 billion in March 2016. […]

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