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Good morning, Term Sheet readers.
• B-Stock Solutions, a Belmont-based online auction platform for returned, excess and other liquidation inventory, raised $65 million. Investors include Spectrum Equity.Read full Fortune.com article >>
Today’s consumer purchases happen more rapidly than ever, making returns an unavoidable aspect of the shopping experience. Every year, billions of dollars worth of returned goods make their way back to retailers, often resulting in excess inventory. Many of these…