AMC Theatre's stock surged amid speculation that Amazon might by the cinema chain https://t.co/aXgoSIRREE
— Variety (@Variety) May 11, 2020
- It was rumored that Amazon and AMC recently held talks about Amazon acquiring Americas largest theater chain.
- Speculation caused AMC stock to rise over 50%.
- Amazon has been looking to buy theaters for a while.
ONTD, are you cool with Jeff Bezos owning the world?
SOURCE
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