Big Law
Amazon Completes Its $8.5 Billion Acquisition of MGM
Amazon has closed its $8.5bn acquisition of MGM after European Union anti-trust regulators cleared the deal.
The transaction, first announced last May, is a huge boost to Amazon’s content offering against the backdrop of the streaming wars with rival platforms besides Netflix ramping up on content spend.
The US Federal Trade Commission passed its deadline to make objections however it is believed it may still do so in the months ahead.
