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South Korean company Naver agrees to acquire Poshmark for $17.90 per share, representing an enterprise value of ~$1.2B; Poshmark stock rose 14%+ after hours (Kathryn Hardison/Wall Street Journal)

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Kathryn Hardison / Wall Street Journal:

South Korean company Naver agrees to acquire Poshmark for $17.90 per share, representing an enterprise value of ~$1.2B; Poshmark stock rose 14%+ after hours  —  The boards of both companies approved the transaction  —  Naver Corp. 035420 -1.53%▼ plans to acquire Poshmark Inc. …



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