Loup Venture co-founder Gene Munster is predicting that Amazon will acquire Target to expand its brick-and-mortar presence. The decision would make a lot of sense, as Target already operates over 1,800 stores and is popular with the mother and family demographic.



Market-share numbers suggest a deal would be approved by regulators, and Wal-Mart Stores Inc. would still have a larger share than an Amazon-Target combination, Munster said. He estimated a take-out valuation of $41 billion, or a 15 percent premium to Target’s current value. Target shares rose as much as 3.1 percent as of 10:36 a.m. in New York.

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Source: [H]ardOCP – Amazon Will Buy Target This Year, Gene Munster Predicts