The recent news of Jeff Bezos-owned Amazon buying MGM for a jaw dropping $8.45 billion caught the attention of everyone. Another major merger and acquisition (M&A) likely to happen this year is that of Verizon selling its media group to PE firm Apollo Global Management for $5 billion, CNBC reported.
With streaming of digital content the way forward, it seems like large M&A deals in the space will keep the industry abuzz for some time.
Verizon – Apollo Global
Embracer Group buys Gearbox Entertainment Co
Other mergers on the anvil
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