Amazon Buys U.K. Online Bookseller

Amazon.com Inc. agreed to buy U.K.-based online book retailer Book Depository International for an undisclosed sum.

Amazon's move to buy Book Depository came six months after the U.S. company acquired European movie-rental site Lovefilm International Ltd.

Book Depository's founder, Andrew Crawford, said in a prepared statement Monday that his company looks "forward to continuing our growth and providing an ever-improving service for readers globally" with Amazon's support.

Read more: http://online.wsj.com/article/SB10001424052702304760604576425752950867920.html#ixzz1RCisjBip

Shatzkin comments on this Amazon acquisition.

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