July 5, 2011
Amazon has expanded its international reach, signing a preliminary agreement to acquire the fast-growing U.K. e-tailer The Book Depository. Launched in 2004, The Book Depository offers about 6 million titles for sale and ships to over 100 countries. The deal is subject to regulatory approval and the U.K.’s Office of Fair trading said it expected to issue its recommendation on the purchase by the end of August.