Amazon.com plans to acquire online discount retailer Woot.com
Business, Internet Thursday, July 1st, 2010
Amazon.com plans to acquire online discount retailer Woot.com, the smaller site announced Wednesday. Woot, which offers one item for sale each day, didn’t disclose the terms of the deal. The company will continue to operate independently from its Carrollton, Texas, headquarters, Woot CEO Matt Rutledge said in a letter to employees published on the site.