Amazon Picks Up Egghead's Shards

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Seattle - yesterday bought the last vestiges of the bankrupt online computer retailer for $6.1 million.

Amazon, which already has a consumer electronics and computer web store, snatched up Egghead's intellectual property rights, product information and web site data. Amazon intends to relaunch the Egghead site at a future date, but for the time being customers going to are redirected to Amazon's computer store where a notice tells visitors that the two firms have teamed up and to check back for a new Egghead site.

Amazon was able to pick up Egghead, which ceased operation in November, after would be suitor Fry's Electronics backed out of a proposed $10 million buyout offer and instead purchased online retailer Cyberian Outpost for $8 million earlier this month.


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