Valassis Buys Into Coupons.Com

Valassis Communications Inc., based in Livonia, MI, has formed an alliance with Coupons.com to broaden its reach online, according to wire service reports.

As part of the deal, Valassis acquired a slightly less than 10% interest in privately held Coupons.com for an undisclosed sum.

Valassis plans to begin providing content for Palo Alto, Calif.-based Coupons.com this summer and will market the online firm’s service to its packaged-goods and franchise customers.