Summary
THE boss of award-winning distributor The Book Depository has pledged it will remain independent despite being engulfed by giant Amazon. Last week the Gloucester-based book seller was bought by the rival online giant in a shock deal.
The acquisition is subject to customary closing conditions, including regulatory approvals. Managing director Stuart Felton, in response to questions on the takeover, said: "Yes, subject to regulatory sign-off, we're remaining independent though."See the full content of this document
Extract
'A New Chapter but Ethos Is the Same'
His comments were posted on social networking site Twitter.
The Book Depository was bought for an undisclosed sum.Stocki...See the full content of this document
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