Amazon’s Proposed MGM Acquisition Under Attack By Citizens, Labor Groups
A coalition of 34 citizen groups last week sent a letter to the Federal Trade Commission (FTC) urging its members to block Amazon’s pending $8.45 billion purchase of MGM in order to slow Amazon’s growing dominance. In a letter to recently named FTC Chair Lina…
LeEco Acquisition of Vizio Officially Off
LeEco chairman Yueting Jia and Vizio chairman William Wang in happier times. LeEco’s acquisition of U.S. television manufacturer Vizio has been officially canceled due to Chinese regulatory issues, although the companies will continue with a scaled-down partnership that will see LeEco partnering to sell…
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