Checkout.com Sells Assets
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Struggling Internet retailer Checkout.com completed the sale of its assets to an Atlanta-based rival, privately held Amplified Inc. Amplified, which paid an undisclosed amount of stock for the bulk of Checkout’s assets, supplies hundreds of thousands of digital music tracks to Internet retailers and other customers’ Web sites. Checkout’s 50 employees have joined Amplified’s staff, boosting the company’s work force to 140. Amplified did not retain any of Checkout’s board members, officials said.