Egghead.com Becomes Amazon.com Property
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Amazon.com on Monday announced it has acquired the assets of Egghead.com and is redirecting traffic to a transitional Web site until the ailing e-tailer relaunches.
The Seattle-based e-commerce pioneer acquired the Egghead.com assets on Monday, Nov. 26, through the U.S. Bankruptcy Court for the Northern District of California. The assets included the Egghead.com URL, intellectual property as well as all business documentation. The redirect went live on Sunday, according to Amazon spokesperson Patty Smith.
Last month, Egghead.com disclosed it was in discussions with parties to re-activate the e-commerce web site, which suspended operations on Oct. 25 after a deal to sell its assets to Fry's Electronics collapsed. At the time, Egghead.com CEO Jeff Sheahan told InternetNews.com that Fry's in essence "breached its contract" to buy Egghead's operation and was facing the risk of legal action. Fry's Electronics subsequently acquired the assets of beleaguered Outpost.com.
Egghead.com filed for bankruptcy on Aug. 15.