Amazon has sealed a deal to snap up Metro Goldwyn Mayer (MGM) for $8.45 billion, the two companies announced in a joint statement Wednesday, with the acquisition being Amazon’s second-biggest ever and the company’s boldest foray yet into the entertainment industry. With the acquisition, which is subject to regulatory approvals and other customary closing conditions,…
Amazon to Buy MGM for $8.45 Billion, Gaining Access to Vast Trove of Titles Like ‘Rocky’ and ‘James Bond’
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