Exclusive: Zulily hires banks for possible IPO – sources

By Alistair Barr SAN FRANCISCO (Reuters) – Zulily hired investment banks in recent weeks to advise the fast-growing e-commerce company on a possible initial public offering, according to two people familiar with the situation. Zulily, a “flash sales” company founded by former Blue Nile executives Mark Vadon and Darrell Cavens, tapped Goldman Sachs, Citigroup’s investment bank and Bank of America Merrill Lynch, for the IPO push, according to one of the people. Zulily is one of the first of a new crop of e-commerce companies to try to go public. …

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