USA: dELiA*s To Merge With Web Company iTurf
iTurf Inc (NASDAQ:TURF) and dELiA*s Inc (NASDAQ:DLIA) today announced that they have entered into an agreement to merge in a stock-for-stock transaction. The combined company will be restructured to focus on two core businesses: multi-channel retailing under the dELiA*s brand, and online content and community under the iTurf network.