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,, paid $15.7 million in cash for Fictionwise.

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