YesMail Buys Netcentives’ E-mail Arm and Gets Employees, Too

YesMail Inc. has bought the e-mail marketing arm of Netcentives for $2 million. Netcentives, a San Francisco company, filed for Chapter 11 bankruptcy protection in October.

Chicago-based YesMail, one of two final bidders, won the bid for E-mail Management Group at a bankruptcy hearing Nov. 20 because of its interest in keeping most of Netcentives