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Amazon.com just bought Zappos

on July 22nd, 2009
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Wow big news Amazon just purchased
Buy Shoes at Zappos.com
for 807 Million in Stock!

Zappos.com CEO Tony Hsieh sent a letter to his employees about the acquisition and Amazon.com CEO Jeff Bezos made a video regarding the announcement.

This morning, our board approved and we signed what’s known as a “definitive agreement”, in which all of the existing shareholders and investors of Zappos (there are over 100) will be exchanging their Zappos stock for Amazon stock. Once the exchange is done, Amazon will become the only shareholder of Zappos stock.

I happen to love Zappos. It is where I get all my daughter’s shoes and lots of my shoes. They carry brands like Missoni, Giuseppe Zanotti, James Purcell, Tretorn, Adidas, Nike, and everything in between! Click the blue banner to check them out yourself. Find out why everyone including Amazon.com loves Zappos.com. Free shipping and no tax too!
Buy Shoes at Zappos.com

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