LPH submitted a new blog post:
Amazon.com to Acquire Audible.com
Amazon.com to Acquire Audible.com
Continue reading the Original Blog PostIn a move that is not too surprising Amazon.com announces they will acquire Audible.com.
According to the press release: "Under the terms of the agreement, Amazon.com will commence a cash tender offer to purchase all of the outstanding shares of Audible.com for $11.50 per share and will...