Now hear this

March 19, 2008

According to an item in Publisher’s Weekly, Audible has been purchased by Amazon. Lots of good baseball books available there, so pay the site a visit.

Amazon’s promise to complete the purchase of Audible as soon as
possible following the completion of its tender offer last week turned
out to be a couple of days. This morning, the growing e-tailer
announced it had finalized its $300 million acquisition of the digital
audio distribution, making Audible a wholly-owned Amazon subsidiary.
Amazon’s $11.50 per share offer had been criticized by some
shareholders, but in the end the overwhelming majority of stockholders
accepted the deal.

visitor stats

0Shares

Tagged as: audio books

Comments on this entry are closed.

Previous post:

Next post:

script type="text/javascript"> var _gaq = _gaq || []; _gaq.push(['_setAccount', 'UA-5496371-4']); _gaq.push(['_trackPageview']); (function() { var ga = document.createElement('script'); ga.type = 'text/javascript'; ga.async = true; ga.src = ('https:' == document.location.protocol ? 'https://ssl' : 'http://www') + '.google-analytics.com/ga.js'; var s = document.getElementsByTagName('script')[0]; s.parentNode.insertBefore(ga, s); })();