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Amazon Acquires Audible Inc. for $300 Million

Amazon.com, Inc. will acquire Audible Inc., an online marketer of digital audio books, newspapers and magazines, for $300 million. The deal is expected to close by the second quarter.

Amazon.com, Inc. will acquire Audible Inc., an online marketer of digital audio books, newspapers and magazines, for $300 million.

The deal is expected to close by the second quarter.

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