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Amazon closes $8.5bn deal to buy MGM movie studio | Entertainment News
The takeover is Amazon’s greatest acquisition given that it agreed to get Full Meals in 2017 for $13.7bn. By David McLaughlin and Matt DayBloomberg Published On 17 Mar 202217 Mar 2022 Amazon.com Inc. stated it closed the $8.5 billion acquisition of film studio Metro-Goldwyn-Mayer soon after regulators declined to challenge the offer, cementing the company’s biggest takeover in five decades. The closing, announced Thursday in a statement on the company’s web site, marks the latest offer by a U.S. technologies huge to win acceptance despite criticism that the corporations have been equipped to gobble up more compact corporations with small pushback from opposition enforcers. European Union regulators signed off on the MGM offer Tuesday following…