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Online Grocer Boxed to Go Public Via $900M SPAC Deal

By Paris Martineau
· · Source: The Wall Street Journal

Online grocer Boxed is joining the SPAC frenzy, merging with the blank-check company Seven Oaks Acquisition to make its market debut sometime late this year, the Wall Street Journal reported Monday. Founded in 2013, Boxed offers wholesale grocery delivery and specializes in bulk consumable and household goods. The e-commerce platform isn’t profitable, but grocery delivery companies are a...

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