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Saturday, August 02, 2008

Amazon is acquiring AbeBooks

Those of you familiar with the used bookseller AbeBooks may be interested in news that Amazon has reached an agreement with the company to purchase it in the fourth quarter of this year. Sources say the idea is that AbeBooks will remain an independent arm of the company, based in British Columbia as it is currently, and maintaining its present CEO.

Thanks to Birdie at LISNews.

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