Gadgets & Tech

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Amazon to buy Audible for $300 million

Gadgets & Tech – Amazon.com Inc said on Thursday that it reached an agreement to buy Audible Inc, a provider of digital audiobooks, for $11.50 a share, in a deal that bolsters the online retailer's offerings of audio downloads.

Tags: Amazon, Audible, 300 million, Amazon.com, buy, audiobooks

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