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HolidayBuyer's Guide
Tech Industry

Short Take: Amazon.com files for shelf offering

Net bookseller Amazon.com filed for a shelf offering of up to 5 million shares, for a proposed maximum offering price of $208.9 million. In the filing, the company said it plans to use the shares primarily for acquisitions. Amazon also said it expects to continue posting losses, and warned of possible lower profit margins from some new products, such as music.

Net bookseller Amazon.com filed for a shelf offering of up to 5 million shares, for a proposed maximum offering price of $208.9 million. In the filing, the company said it plans to use the shares primarily for acquisitions. Amazon also said it expects to continue posting losses, and warned of possible lower profit margins from some new products, such as music.