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Amazon’s MGM Acquisition Cleared By European Union In Key Approval

Amazon's MGM Acquisition Cleared By European Union In Key Approval

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Amazon has won unconditional EU antitrust approval for its $8.5 billion acquisition of storied U.S. movie studio MGM, the European Commission said Tuesday. It said the deal would not pose competition concerns in Europe. That’s a big hurdle passed for the merger, announced last May. The U.S. Federal Trade Commission must still weigh in and…

...read full article on Deadline

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