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Tuesday, August 26, 2014

Takeover Digest- New York Times business news - Aug 26, (NASDAQ: AMZN), (NASDAQ: GOOG)

The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. * Amazon.com Inc said it would purchase Twitch, the most popular website for watching people play games for $1 billion. To win in its bid for Twitch, Amazon had to outmaneuver a who's who of the tech world, including Google Inc, strongly suggesting that these companies think the era of video-game viewing is just starting. (nyti.ms/1t7O53I)* The long fight over Hewlett-Packard Co's $11.1 billion purchase of Autonomy got a new wrinkle on Monday, which might spell more legal pressure on Autonomy executives. On Monday, Judge Charles Breyer of United States District Court in San Francisco said that HP and the lawyers suing the company must file a revised proposed settlement agreement. (nyti.ms/1p6dLG2)

Amazon.com, Inc. (Amazon.com) serves consumers through its retail websites and focus on selection, price, and convenience. Shares of AMZN traded higher by 0.73% or $2.43/share to $334.02. In the past year, the shares have traded as low as $279.33 and as high as $408.06. On average, 3772550 shares of AMZN exchange hands on a given day and today's volume is recorded at 1960978.

Google Inc. (Google), is a global technology company. Shares of GOOG fell by 0.41% or $-2.36/share to $580.20. In the past year, the shares have traded as low as $502.80 and as high as $604.83. On average, 1580570 shares of GOOG exchange hands on a given day and today's volume is recorded at 1358810.



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