Open Demo Account
Home / Market Update / Global Stock Market / Amazon Says it Has Reached an Agreement to Acquire MGM For $ 8.45 Billion
Amazon
Amazon

Amazon Says it Has Reached an Agreement to Acquire MGM For $ 8.45 Billion

Adel 26 May, 2021 5:39 pm Global Stock Market, Market Update

Amazon said it reached a deal to acquire MGM for $ 8.45 billion, to support the company’s efforts to cement its position in the entertainment and internet streaming sector.

The deal is the largest since Amazon acquired Whole Food in 2017 for $ 13.7 billion.

Tags

Check Also

How Have US Stocks Reacted After Trump’s Win?

Certain stocks have been disappointed by Trump’s election-related gains; Tesla has lost 4.5% of its …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends