Amazon (NASDAQ: AMZN) Sparks a Blistering 46 Percent Rally in AMC’s (NYSE: AMC) Shares on Reports of a Buyout

Amazon (NASDAQ: AMZN) Sparks a Blistering 46 Percent Rally in AMC’s (NYSE: AMC) Shares on Reports of a Buyout

4 years ago
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https://wccftech.com/amazon-nasdaq-amzn-sparks-a-blistering-46-percent-rally-in-amcs-nyse-amc-shares-on-reports-of-a-buyout/

Amazon’s (NASDAQ:AMZN) formidable roving eye has apparently ensnared a new target. According to the reporting by the Daily Mail, the e-commerce giant is considering a buyout of the besieged movie theater chain, AMC (NYSE:AMC).

As per the details, the parent company of Odeon Cinemas, AMC, has held talks with Amazon regarding a potential takeover. Nonetheless, according to the sources of the Daily Mail, it is as yet uncertain if negotiations are ongoing or whether these talks will lead to an eventual buyout.

Amazon (NASDAQ: AMZN) Sparks a Blistering 46 Percent Rally in AMC’s (NYSE: AMC) Shares on Reports of a Buyout

May 11, 2020, 1:14pm UTC
https://wccftech.com/amazon-nasdaq-amzn-sparks-a-blistering-46-percent-rally-in-amcs-nyse-amc-shares-on-reports-of-a-buyout/ > Amazon’s (NASDAQ:AMZN) formidable roving eye has apparently ensnared a new target. According to the reporting by the Daily Mail, the e-commerce giant is considering a buyout of the besieged movie theater chain, AMC (NYSE:AMC). > As per the details, the parent company of Odeon Cinemas, AMC, has held talks with Amazon regarding a potential takeover. Nonetheless, according to the sources of the Daily Mail, it is as yet uncertain if negotiations are ongoing or whether these talks will lead to an eventual buyout.