BOOKS

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

06/01/2010 07:46 am ET | Updated May 25, 2011

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.

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