AbeBooks has reached an agreement to be acquired by Amazon.com, Inc. This is a major landmark in the 12-year history of AbeBooks.

AbeBooks will continue to operate as a stand-alone business with all aspects of AbeBooks’ bookseller and customer experience remaining intact.

Abe Books has just announced to book dealers that they will soon be taking an 8% commission on all shipping rates. Their reasoning is that it will help keep shipping charges down. This does not make sense to my 7 year old friend. He asks, “How can an increase lower the rate?” hmmmm…