BUSINESS
08/22/2009 05:12 am ET Updated May 25, 2011

Amazon Buys Zappos In $807 Million Acquisition

SAN FRANCISCO (MarketWatch) -- Amazon.com Inc. /quotes/comstock/15*!amzn/quotes/nls/amzn (AMZN 89.79, +1.00, +1.13%) said Wednesday it has agreed to acquire closely held online retailer Zappos.com Inc. in a stock deal valued at $807 million.

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