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.