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PCH International Buys Design Portal Fab In Stock And Cash Fire Sale

 In one of the craziest sell-offs in Silicon Valley history, PCH International has closed its acquisition of e-commerce site Fab. The deal, which we first reported back in November, was announced today as a stock-and-cash deal for an undisclosed amount. According to our sources, Fab was selling to PCH for around $15 million. That price is a fire sale for the remaining assets of the company after… Read More