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BullNBear52

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BullNBear52

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Wednesday, 05/26/2021 10:00:18 AM

Wednesday, May 26, 2021 10:00:18 AM

Post# of 54427
When you have an extra $8.5B lying around doing nothing.


Amazon to buy MGM Studios for $8.45 billion
KEY POINTS
Amazon is buying MGM Studios for $8.45 billion, the companies announced Wednesday, marking Amazon’s most ambitious move yet into the entertainment business.
The deal is Amazon’s second-largest acquisition. It paid $13.7 billion for Whole Foods in 2017.
https://www.cnbc.com/2021/05/26/amazon-to-buy-mgm-studios-for-8point45-billion.html

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