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Amazon.com Buys Audible

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Other Tech News The latest community based technology news from across the globe. (If you aren't a community newsposter then use the "Submit News" section.)

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Old Jan 31, 2008, 09:10 PM   #1
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Amazon.com Buys Audible
Source: Tech-Ex
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Thursday Amazon.com announced it has reached an agreement to buy Audible, which if you haven't already "heard," is the leading audiobook reseller. The deal is valued at $300 million, which is a 20% premium over Wednesday's closing price for Audible (ADBL).
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