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Old 17-03-2022, 03:27 PM #1
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Default Amazon closes $8.5bn deal to buy MGM movie studio




Mega Deal.



[By David McLaughlin and Matt Day
Bloomberg
Published On 17 Mar 2022

Amazon.com Inc. said it closed the $8.5 billion acquisition
of film studio Metro-Goldwyn-Mayer after
regulators declined to challenge the deal,
cementing the company’s biggest
takeover in five years.

The closing, announced Thursday in a
statement on the company’s website,
marks the latest deal by a U.S. technology giant
to win approval despite criticism that
the companies have been able to gobble
up smaller firms with little pushback from
competition enforcers.]


https://www.aljazeera.com/economy/20...m-movie-studio



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