It's official: Amazon.com (AMZN) is in the diaper business, after finalizing its $500M buyout of...

|By:, SA News Editor

It's official: Amazon.com (AMZN) is in the diaper business, after finalizing its $500M buyout of Quidsi, which owns Diapers.com. The price was $40M less than weekend estimates, and the deal closes next month. “I’m not sure which is more unpleasant - changing diapers, paying too much for them, or running out of them,” observes Amazon.com CEO Jeff Bezos.