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Amazon’s MGM Deal to Get Green Light in Europe

By
Mark Di Stefano
· · Source: Reuters

Europe’s top competition regulator is expected to give the green light to Amazon’s $8.5 billion takeover of movie studio MGM even as the deal faces a potential antitrust lawsuit in the United States. Reuters reported on Wednesday that the European Commission will grant Amazon unconditional approval for the acquisition, citing unnamed sources. Buying MGM—best known as the maker of the James...

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