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...His company, alongside MGM, put forward “what we thought was an incredibly strong offer for Killers”....
...Travel is a consistent theme: Royal Caribbean, Delta, American Airlines, and two casinos (MGM and Las Vegas Sands) are all in the top 10. Business travel is back....
...Just this week, Disney-owned sports channel ESPN announced plans to launch a sports book, joining the likes of DraftKings, MGM, and Ireland-based Flutter Entertainment....
...Last year, Amazon bought the film studio MGM for $8.5bn....
...Any eventual deal would likely be Amazon’s biggest since its $13.7bn acquisition of Whole Foods Market in 2017, and follows last year’s $8.45bn swoop to buy movie studio MGM....
...in face of stiff competition on deals (FT) Russia’s Potanin snaps up third finance deal amid Ukraine turmoil (Reuters) Apple charged by Brussels with abusing its market power in mobile payments (FT) MGM...
...Citi, Deutsche Bank, Barclays and Société Générale lent $3bn in February to a joint venture between MGM Growth Properties and Blackstone Real Estate Income Trust to purchase the MGM Grand and Mandalay Bay...
...Reports arose last year that ESPN was seeking billions to license its name to a sportsbook such as Caesars, DraftKings or MGM Resorts, though no deal has materialised....
...Earlier this year, Amazon bought MGM, the film studio behind James Bond, for $8.5bn....
...The MGM deal is Amazon’s largest since the $13.7bn purchase of Whole Foods in 2017, and the latest signal that it is willing to spend heavily on content for its streaming services....
...BetMGM, the joint venture between the US casino group MGM and UK-listed gambling company Entain, is increasingly challenging for second place in terms of market share....
...Galvanising Prime’s offering through the back catalogue MGM brings therefore makes sense....
...Japan Inc stages a Covid comeback While the past few years have heralded a dealmaking boom that started a pay revolution on Wall Street, a talent war in Big Law and boosted the bottom lines of banks on...
...MGM Resorts said it had seen more cancellations of midweek business trips, while Tracey Travis, Estee Lauder’s chief financial officer, told a Barclays conference that a deceleration in its first quarter...
...Disney purchased 20th Century Fox and Amazon is buying MGM....
...MGM is also expected to make a second offer for gambling company Entain — with which it has partnered to create sports betting and online gaming platform BetMGM — after Entain’s board rejected a previous...
...Disney’s purchase of Fox, Time Warner’s Discovery acquisition and Amazon’s offer for MGM all point to the urgency these companies feel to amass a stronger portfolio of video rights to attack this market....
...The announcement in June that MGM would make a live action Polly Pocket film, written by Lena Dunham of Girls fame and starring Lily Collins, brings the number of Mattel movies in the works to 13....
...In the case of Amazon’s MGM mega-deal, it was Aryeh Bourkoff — Hollywood’s hottest banker and the force behind M&A advisory firm LionTree. Some say he’s a more slick socialite than a skilled banker....
...and office raided by German police (FT) Vivendi investors back plan for Universal Music in victory for Bolloré (FT) Senior rejects Lone Star’s £840m takeover offer (FT) Amazon’s planned purchase of MGM...
...(FT) News round-up Amazon in talks to buy MGM for $9bn (FT) Elliott says one of America’s largest utilities should be split in three (FT) Indonesia’s Gojek and Tokopedia agree $18bn merger (FT + Lex)...
...On Monday it emerged that Amazon was in talks to acquire MGM, the film studio behind the James Bond franchise, for about $9bn....
...Yahoo has already been working for years on clearing the regulatory hurdles to get into betting, said the former official, and it forged an alliance with MGM in 2019 to offer a service for the millions of...
...In what is a relatively rare foray by a telecoms group into the gambling sector, Verizon has teamed up with BetMGM, a joint venture between casino operator MGM and UK betting company Entain, and gradually...
...Meanwhile, profits for the five regional casinos under the Golden Nugget division have fallen less sharply than those at larger global operators such as Wynn and MGM....
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