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No, Amazon Isn't Buying AMC Entertainment


Nearly a year after a rumor based on anonymous sources made the rounds that Amazon.com (NASDAQ: AMZN) was interested in acquiring AMC Entertainment Holdings (NYSE: AMC), a new translation of that article in France had traders bidding up the movie theater's stock as if it was new news.

There was little to hang a hat on that a deal would happen in the original report, and that remains the case today with the republished account.

Image source: Getty Images.

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Source Fool.com

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