1.0 link 84265 http://www.huffingtonpost.com/2008/01/31/amazon-buys-audible-for-3_n_84265.html Amazon has increased its presence in the spokenword audio market, announcing this morning that it has agreed to acquire Audible, Inc. the country's largest provider of digital downloads of spokenword audio. Amazon is paying $11.50 per share and assuming Audible's outstanding stock-based awards, making the value of the deal about $300 million. Audible's stock price was at $9.33 the day before that deal was announced, although its shares were selling at a 52-week high of $14.22 in November. The purchase...

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