BUSINESS NEWS

Amazon Closes Deal to Acquire MGM



Amazon.com Inc. closed its $6.5 billion acquisition of the MGM movie and television studio on Thursday, even as the Federal Trade Commission continues to examine the deal.

The move comes after Amazon certified to the FTC that it had provided all the information requested by antitrust investigators reviewing the transaction. That step put the deal on a regulatory clock with the agency that has now expired, leaving the company free to move forward, a person familiar with the matter said.



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