Friday, August 17, 2018

Amazon Can Be in the Running to Buy a Movie Theater Chain

Amazon.com Inc. is in the running to obtain Landmark Theatres, a movement that would vault the e-commerce giant into the brick-and-mortar theatre business, according to individuals knowledgeable about this circumstance.

The business is vying with different suitors to acquire the company from Wagner/Cuban Cos., that will be backed by billionaire Mark Cuban and Todd Wagner, according to the individuals who asked not to be identified because the talks are private. The string’s owners are operating with investment lien Stephens Inc. on a possible sale, the people said. No final decisions are made, and talks could still fall apart.

The post Amazon Can Be in the Running to Buy a Movie Theater Chain appeared first on Retailnewsfeed.com.

#amazon

No comments:

Post a Comment