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Barnes & Noble Acquires Fictionwise

Barnes & Noble announced that it has purchased the e-book retailer Fictionwise for $15.7 million in cash today.

The major e-book company operates two websites, Fictionwise.com and eReader.com, and both will remain functioning after the sale. According to Fictionwise, founders Steve Pendergrast and Scott Pendergrast will continue to operate the e-book retailer as a separate unit under the Barnes & Noble umbrella.

Here's more from the official release: "Barnes & No
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Published on March 05, 2009 07:55
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