Amazon.com, Inc. (NASDAQ:AMZN) today announced the completion of its acquisition of AbeBooks. AbeBooks is an online marketplace for books, with over 110 million primarily used, rare and out-of-print books listed for sale by thousands of independent booksellers from around the world. Amazon.com previously announced that it had reached an agreement to acquire AbeBooks on Aug. [...]
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Amazon.com Completes Tender Offer for Audible
Amazon.com, Inc. (NASDAQ:AMZN) today announced the completion of its tender offer for all outstanding shares of Audible, Inc. (NASDAQ:ADBL). The tender offer expired at 5:00 p.m., New York City time, on Friday, March 14, 2008. As of such time, an aggregate of approximately 21.5 million shares of Audible common stock, or approximately 86.9% of Audible’s [...]
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Amazon.com to Support Blu-ray
In an effort to help demystify high-definition entertainment for consumers, Amazon.com, Inc. (NASDAQ:AMZN) today announced its support for Blu-ray as the digital format of choice for customers. As part of this announcement, Amazon.com will more prominently promote Blu-ray hardware and software products on its website. “The high-definition landscape is rapidly changing, and consumers are looking [...]
Amazon.com Announces Fourth Quarter Sales
Amazon.com, Inc. (NASDAQ:AMZN) today announced financial results for its fourth quarter and year ended December 31, 2007. Operating cash flow was $1.41 billion in 2007, compared with $0.70 billion in 2006. Free cash flow increased 143% to $1.18 billion in 2007, compared with $0.49 billion in 2006. Common shares outstanding plus shares underlying stock-based awards [...]
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