1. Channel: Ecommerce & Digital

Amazon is Buying MGM Studios for $8.45B

Amazon.com will purchase MGM Studios for $8.45 billion, CNBC reported. This deal is the second-largest acquisition in Amazon’s history, behind its purchase of Whole Foods in 2017 for $13.7 billion. MGM has been looking for a buyer for several years after emerging from bankruptcy in 2010. Mike Hopkins, senior vice president of Prime Video and Amazon […]

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