AddThis to acquire Salu for $36 million

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Bellevue, Wash. Online health and beauty retailer announced late Monday it will purchase Salu, the operator of, for $36 million.

According to, the deal will make it one of the largest online beauty retailers. Salu's Web site sells skin care and beauty products, and the company also runs the online store and distributes products in Australia.

The purchase will be funded with $18 million in cash and $18 million in stock, and the deal is expected to close during first quarter 2010.

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