Delia*s Corp., New York, has completed the sale of its TheSpark.com Inc. subsidiary to Barnes & Noble Inc. Terms of the agreement, which also involved the assumption of certain liabilities, were not disclosed.
The assets of TheSpark.com include a site for college-age users and SparkNotes.com, an academic resource site that features online study guides.
Delia*s, a multi-channel retailer to consumers between the ages of 13 and 24, has sold these assets as a step toward “streamlining” company operations to focus on the retail elements of the business.
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