Amazon strikes deal with Simon & Schuster on e-book prices

Online book retailer Amazon.com Inc (AMZN.O) said on Monday it has signed a multi-year deal with Simon & Schuster Inc, the second Big-Five book publisher, on the future price of e-books.

Amazon, which had been in talks with Simon & Schuster since July over pricing, confirmed the deal first reported by the Business Insider news blog that the two had reached an agreement.

http://in.reuters.com/article/2014/10/21/us-amazon-com-deals-idINKCN0I92A520141021

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