Seven Peaks acquires CityDeals.

• Position: Around Utah - Brief article

Provo - SEVEN PEAKS has acquired the assets of CityDeals, a regional online daily-deal provider. Seven Peaks saw tremendous success offering consumers deals through CityDeals, and with the acquisition, Seven Peaks will continue to advance the online deal category and deliver compelling deals to consumers.

"Consumers and merchants have loved the value they've received from CityDeals over the years," says Bruce Law, vice president of marketing at Seven Peaks. "Seven Peaks was one of those satisfied merchants. The acquisition of CityDeals by Seven Peaks assures that CityDeals will continue to provide tremendous benefits to consumers and regional business owners and have stamina to deliver those benefits over the long haul."

As part of the acquisition, Seven...