Amazon Stock: Is The MGM Acquisition A Financial Burden?
NewsStockE-commerceAWSMedia Amazon Stock: Is The MGM Acquisition A Financial Burden? Amazonâs acquisition of MGM came at a steep price: $8.45 billion and 37 times the studioâs projected EBITDA. Can the e-commerce giant afford the deal without putting its finances at risk? Author: The piece of news of the day for Amazon stock ( AMZN) - Get Report investors was the acquisition of MGM Studios. The e-commerce, cloud and media giant has agreed to pay $8.45 billion to own the company and its library of content that includes James Bond and “a treasure trove” of other legacy franchise...