Tuesday, November 9, 2010

Confirmed: Amazon Spends $545 Million On Diapers.com Parent Quidsi

Amazon.com has just announced that it has reached an agreement to acquire Quidsi, which operates ecommerce sites Diapers.com, Soap.com and BeautyBar.com. The acquisition news first broke over the weekend by Fortune's Dan Primack, who pegged the purchase price at $540 million. Primack wasn't that far off - Amazon says it will acquire all of the outstanding shares of Quidsi for approximately $500 million in cash. The ecommerce juggernaut will also assume approximately $45 million in debt and similar obligations, bringing the total purchase price to $545 million.

Post originale: http://feedproxy.google.com/~r/Techcrunch/~3/LW0x7b0ykAY/

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