Details: Zappos gets 10million Amazon shares… equal to $807 million
Jeff Bezo’s Message to Zappos…
A letter from Tony, CEO of Zappos – http://blogs.zappos.com/ceoletter
Of note – it’s not “official” yet – just a definitive agreement…
We signed what’s known as the “definitive agreement” today, but we still need to go through the process of getting government approval, so we are anticipating that this transaction actually won’t officially close for at least a few months. We are legally required by the SEC to be in what’s known as a “quiet period”, so if you get any questions related to the transaction from anyone including customers, vendors, or the media, please let them know that we are in a quiet period mandated by law and have them email tree@zappos.com, which is a special email account that Alfred and I will be monitoring.
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