Amazon Offers $9 Billion to Buy Out MGM, AMZN Stock Price Increases on Morgan Stanley Forecast

Amazon has offered $9 billion to MGM for a purchase deal, beating other rumored competitors. Currently, talks are still on. Amazon shares climbed in response to a bullish forecast from Morgan Stanley. Amazon.com Inc (NASDAQ: AMZN) is currently looking to buy an American film and television production company Metro-Goldwyn-Mayer Studios...