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Wow, I figured it would take someone huge to buy them, but it turns out their market cap is only $755M. Amazon's is $54B
by jackowayed 16y ago
Wow, I figured it would take someone huge to buy them, but it turns out their market cap is only $755M. Amazon's is $54B
- sliverstorm 16y agoI wonder if Amazon would have any use for them?
- wheels 16y agoAmazon has typically refused to acquire any company that would expose it to nationwide (or even Californian) sales tax.
- frossie 16y agoAgreed, but to my confusion Amazon has been very aggressive in competing with B&N. Every price drop of the Kindle in the last 9 months has seemingly been in response to a price drop of the Nook (B&N's e-reader). Given that B&N is like a gnat on Amazon's elephant, I haven't been able to figure out what is going on. So it wouldn't surprise me if Amazon somehow got involved here, perhaps in a way that would avoid the sales tax issue.
- talbina 16y agoMarket share.
- jacoblyles 16y agoSounds like an anti-trust problem.