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Why Amazon’s Audible Move Is Laudable

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Amazon is buying Audible for $300 million in cash. It?s a smart move by the Seattle-based e-tailer that is spending nearly 20 percent of its fourth-quarter end net cash. Why do I like this deal? So far, Amazon has made a living out of distributing physical goods, and leveraging its physical and te …

Original post by (Reuters)


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