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TimW · 07-29-2011, 08:20 PM

"Amazon is getting closer to acquiring its British rival. Amazon won approval from the Irish Competition Authority to move forward with its purchase of The Book Depository.

'[We have] formed the view that the acquisition will not lead to a substantial lessening of competition in any markets for goods or services in the state,' the Irish Competition Authority said in a statement.

The terms of the deal were not disclosed, but the New York Times is estimating the deal will cost the e-commerce giant about $200 million."

http://www.thestreet.com/story/11203...ed&cm_ite=Feed

07-29-2011, 08:20 PM	#32
TimW Wizard Posts: 1,022 Karma: 6824104 Join Date: May 2011 Location: Southeastern Kentucky Device: KK3G, KPW1, Sony PRST1, Sony PRS350, iPod Touch 5G	"Amazon is getting closer to acquiring its British rival. Amazon won approval from the Irish Competition Authority to move forward with its purchase of The Book Depository. '[We have] formed the view that the acquisition will not lead to a substantial lessening of competition in any markets for goods or services in the state,' the Irish Competition Authority said in a statement. The terms of the deal were not disclosed, but the New York Times is estimating the deal will cost the e-commerce giant about $200 million." http://www.thestreet.com/story/11203...ed&cm_ite=Feed Last edited by TimW; 07-29-2011 at 08:43 PM.