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.
Shatzkin comments on this Amazon acquisition.