After almost four months in talks, Amazon has finally pulled the shutters on the Zappos deal as it acquired the online retailer for shoes for $1.2 Billion. That’s almost $400 Million more than what had been anticipated. I guess Zappos will be more than happy with that, rather would have waited a bit longer if it could have fetched an even higher price. The management team at Zappos will remain as it is and will continue operations in its head quarters in Las Vegas, NV.
