Amazon.com to buy auction site

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Online retailer Amazon.com, Seattle, has agreed to buy LiveBid.com, Seattle, a site specializing in live, event-based auctions that lets online bidders compete with bidders at an auction site. Amazon.com said it will use LiveBid.com to bolster its recently launched Auctions service. Terms of the deals were not disclosed.

Copyright April 1999, Crain Communications Inc.

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