Amazon closes $8.5 billion purchase of MGM Studios

Mar. 17, 2022 9:24 AM, Inc. (AMZN), MGMBBy: Jason Aycock, SA News Editor61 Comments

Amazon fulfillment center building in Las Vegas

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Wasting no time, Amazon (NASDAQ:AMZN) said Thursday it closed its $8.5 billion deal to purchase MGM Studios (OTC:MGMB) - its second-biggest acquisition ever.

"MGM has joined Prime Video and Amazon Studios," the companies said. "The

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