News has just broken that Amazon.com has purchased hot ecommerce up-and-
comer Zappos for 10 million Amazon shares or $880 million. (The Amazon
release said it was $807 million, but that was based on a trailing 45-day
estimate of its share price. Closing price today bumps the deal up to $888
million.) Zappos employees also will get $40 million in cash and restricted
stock. In other words the deal is more like $928 million all told. And
Zappos management will remain in place.
This is a great exi
