FTC signals 'lengthier review' of Amazon's MGM deal
10-Jul-2021 • Bond News
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It may take longer than expected for Amazon's $8.45b 'merger' with MGM to take effect.
According to The Information (re-reported by Deadline), Amazon is "facing a lengthier probe before the Federal Trade Commission, as lawmakers call for careful scrutiny of the deal."
The review could take six months or more.
The FTC has declined to comment on investigations. An Amazon spokesperson declined to comment.
None of this will materially affect the release of 'No Time To Die' which will be following 'business as usual' with MGM ('usual' has recently meant last-minute decisions and uncertainty).
