News Brief
Save.com Can't Be Saved
Aug 29, 2001, 12:00 AM
Valassis has announced that it will not continue to fund its internet couponing investment, Save.com. Since the venture has been unable to secure additional outside financing sufficient to carry it to profitability, Save.com will close operations immediately. Valassis cited the reason for discontinuing its backing was due to Save.com's inability to garner a critical mass of advertisers interested in an internet couponing vehicle.
Adam Bernard
Adam Bernard
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