News

Amazon completes Zappos acquisition

09/11/2009

Internet retail group Amazon.com has completed its acquisition of online footwear company Zappos.com. The Web retailer said in July that it would pay about 10 million shares of common stock for Zappos, valuing the footwear company at the time at around $807 million. The company also said it would pay $40 million in cash and stock to Zappos...

To continue reading this story, please sign in or register.