By Brent Lang Executive Editor of Film and Media Shares of AMC Entertainment surged Monday amid speculation that the country’s largest exhibition chain could be an acquisition target for Amazon.
Both companies did not immediately return requests for comment, and the report in the Daily Mail that goosed share prices indicated that Amazon’s interest may have waned.
It noted, for instance, that it was unclear if talks between the companies were still active. No matter. Even the hint that the world’s largest theater chain could be snapped up by the e-commerce giant was enough to leave investors salivating.
Shares of AMC rocketed roughly 45% in early trading, topping out at more than $5.80. For Amazon, which has had intermittent success in
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