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Amazon bought Audible

Amazon, in the wake of its expansion to digital content (it already has music and video stores, after launching a Kindle, and a store of digital books) acquired Audible for $ 300 million.
Shares of the seller of digital audio books before were quoted at $ 9, and Amazon’s proposal will most likely be accepted by Audible shareholders, since Amazon offered for $ 11.50 per share. Despite the fact that in October ADBL cost $ 12.50 apiece, i.e. theoretically, those who believe that the company would be better left unattached can vote against the sale. It is unlikely that shareholders will think so in the context of the interest of Amazon in entering this very market.

original: http://moskalyuk.name/1074

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Source: https://habr.com/ru/post/19598/


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