MGM offices in Beverly Hills, Calif., on May 18.
Photo: Eric Thayer/Bloomberg News
BREAKING NEWS
Amazon.com Inc. AMZN 1.54% is nearing a deal to buy the Hollywood studio MGM Holdings for almost $9 billion, said people familiar with the matter, a pact that would turn a film operation founded in the silent era into a streaming asset for the e-commerce giant.
An agreement could be announced as early as this week, people close to the situation said.
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