SHEPHERDSVILLE - Two of the largest e-commerce companies in the United States may be joining forces by the end of the year.
Amazon.com and Zappos.com announced Wednesday plans to sign a “definitive agreement” where Amazon.com would be the only shareholder of Zappos.com.
The federal Securities and Exchange Commission must approve the planned acquisition.
The stock purchase price is an estimated $887 million. The companies would continue to be run separately.
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