AMC spikes 56% on reports Amazon may be considering a takeover - Business Insider

According to The Daily Mail's sources, "The duo are thought to have held talks about a potential takeover of AMC by Amazon. However, it is not clear if the discussions are still active or if they will lead to a deal," the report said.as the chain's liquidity position worsened as movie theaters shut down across the country due to the coronavirus pandemic.

If the report is accurate, the move would represent a strategic shift for Amazon as it continues to expand its physical brick-and-mortar foot print and boost its Hollywood exposure. For the most part, because of this rule, Amazon has been foregoing theatrical releases for its content and instead opting for a direct-to-consumer streaming release on its platform.

It is currently not legal for a studio to own theaters. Why don't y'all research this stuff before publishing it? Unreal! This is a classic pump & dump as AMC's upcoming earnings are set to be nearly $0 for the quarter. Something else for SEC_Enforcement to look at...

johncampea BurnettRM

Yo, Amazon Prime discounts would be kind of money

My prediction yesterday: somebody’s going to have to buy AMC to save it. 🤯

Here is who owns AMC:

Everyone knows they want media access. AMC is cheap as debt can be written down. Think they will buy NETFLIX or merge with Disney Corp at the right time or price.

who's up right now? 🤗

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks making the biggest moves in the premarket: AMC, Cardinal Health, Marriott, Under Armour & moreThe stocks making the biggest moves in premarket trading include AMC, Cardinal Health, Marriott, Under Armour, and more. An $AMZN $AMC merger makes sense. $AMZN can pick up a cheap alternate way to distribute their content. Next stop - buy $VIAC to instantly improve $AMZN content. $AMZN would get Paramount and a large stake in Miramax on the cheap.
Source: CNBC - 🏆 12. / 72 Read more »

New York reports lowest new coronavirus deaths since March, Cuomo says - Business Insider'It has been a painful period of time,' New York Gov. Cuomo said. The state reached its lowest new daily case count ⁠— 521 — since about March 20. is my last pic good? I agree 🥵
Source: BusinessInsider - 🏆 729. / 51 Read more »

CUOMO: 3 NY children dead from what may be coronavirus-related illness - Business InsiderAt least 3 New York children have died from a mysterious, possibly coronavirus-related inflammatory illness which can cause heart trouble The mysterious coronary artery disease and rash covered bodies. Covid 19 attacks the immune system. IT'S NOT JUST OLD PEOPLE!
Source: BusinessInsider - 🏆 729. / 51 Read more »