MGM is now part of Amazon

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MGM is now part of Amazon
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Amazon’s $8.45 billion deal to buy MGM is done.

noted earlier this month that Amazon certified it had given the FTC all necessary information, setting a mid-month deadline that it would close the deal, with or without a response from the agency and its new leader, Lina Khan.The Verge

. The FTC’s office of public affairs director, Lindsay Kryzak, says “The FTC does not comment on any particular matters. However, we reiterate that the Commission does not approve transactions and may challenge a deal at any time if it determines that it violates the law. Additionally, this summer the FTC announced that it will send pre-consummation warning letters in connection with deals it cannot fully investigate within the timelines established by the HSR Act.

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