to acquire British Book Depository
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Last Updated: Monday, July 04, 2011, 22:10
Washington: US online retailer announced on Monday it will acquire British online bookstore The Book Depository.

The cost of the transaction remains undisclosed.

The British company based in Gloucester was expected to chalk up sales of 120 million pounds (135 million euros) for the fiscal year ending in June, according to industry specialist

The Book Depository last year had an operating profit of 2.3 million pounds, said.

Bureau Report

First Published: Monday, July 04, 2011, 22:10

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