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Groupon buys fashion site (for a discount)

Daily discounts website Groupon is branching further into fashion with the $43 million acquisition of Ideeli, a site that had raised more than $100 million in venture capital but was seeking a buyer of late.

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By Jason Del Rey, recode.net.

CNBC's parent NBC Universal is an investor in re/code's parent Revere Digital, and the companies have a content-sharing arrangement.