Storytel enters the U.S. with acquisition of Audiobooks.com - NewsBreak

STOCKHOLM, Nov 12 (Reuters) - Swedish audiobook streaming group Storytel (STORYb.ST) said on Friday it had agreed to buy Audiobooks.com, marking its entry into the U.S. market. The acquisition will be financed through existing funds and a newly issued 500 million Swedish crown ($57.26 million) loan facility, Storytel said in...