Amazon to buy MGM Studios for $8.45 billion

On Wednesday, Amazon said that it is all set to buy MGM Studios in a deal worth $8.45bn, which marks its boldest ever move in the entertainment sector so far. This is the second-largest Amazon acquisition, after the company‚Äôs Whole Foods acquisition in 2017 for $13.7bn. Amazon said that it expects to leverage the storied … Read more