MEDIA
04/06/2009 05:12 am ET | Updated May 25, 2011

Barnes & Noble Buys Fictionwise, E-Book Retailer

Bowing to the growth in demand for e-books, Barnes & Noble, the world's largest chain of bookstores, has acquired Fictionwise, an online retailer of electronic books.

Barnes & Noble, which has not recently sold e-books on its Web site, bn.com, paid $15.7 million in cash for Fictionwise.

Read more on New York Times