Deals
Amazon.com to Buy Diapers.com Owner for $500 Million
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Amazon.com Inc. agreed to buy Quidsi Inc., the owner of Diapers.com and Soap.com, for $500 million in cash, expanding in baby-care products and gaining merchandise- management expertise.
Amazon will assume about $45 million in debt and similar obligations of closely held Quidsi, the companies said in a statement today. They expect to close the deal in December.