[Reuters] Rakuten buys e-reader Kobo for $315 million

Posted by: UGN Security

[Reuters] Rakuten buys e-reader Kobo for $315 million - 11/08/11 10:33 PM

TORONTO (Reuters) - Canadian-based e-reading service Kobo Inc will be acquired by Japan's Rakuten Inc for $315 million, the companies said in a release on Friday.