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Launching Kobo eReader Causes Profits To Plunge 74% At Indigo Books

First Posted: 06/01/10 08:46 AM ET Updated: 05/25/11 05:40 PM ET

Kobo

Indigo Books & Music (IDG.TO), Canada's largest book retailer, said on Monday its quarterly profit dropped 74 percent, hurt by expenses related to the launch of the Kobo e-reader.

Read the whole story: Reuters

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Filed by Amy Hertz  |