MGM is close to being sold to Amazon at a price tag of $9 bn, the value of the deal could be finalised earliest this week. The acquisition will help Amazon’s streaming services to add the catalog of 4,000 films including famous characters like Pink Panther and franchises like James Bond. After buying Whole Foods in 2017 for $13.4 bn, MGM would be Amazon’s second-highest buy to date. Apple and Comcast, earlier, had evaluated MGM at $ 6bn earlier.

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