Wal-Mart In Talks to Buy Jet.com: WSJ

Wal-Mart (NYSE:WMT) is in talks to buy online discount retailer Jet.com according to the Wall Street Journal in what would mark a disappointing end for one of the most ambitious challengers to Amazon (NASDAQ:AMZN).

The deal could be valued around $3 billion. Wal-mart has a market cap of $226 billion and has struggled to build its online arm.

Ticker	Security	Last	Change	Change %
WMT	WALMART INC.	60.16	-0.05	-0.08%
AMZN	AMAZON.COM INC.	179.62	+5.95	+3.43%

This is a developing story..