Rakuten signs agreement to purchase Kobo

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Rakuten, Inc. has just announced that it has signed a "definitive agreement" to "to acquire 100% of total issued and outstanding shares" of Kobo for a total of $315 milllion in cash.

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Rakuten signs agreement to purchase Kobo originally appeared on Engadget on Tue, 08 Nov 2011 17:05:00 EDT. Please see our terms for use of feeds.
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