Amazon in Running to Acquire Landmark Movie Chain [Bloomberg]

Amazon in Running to Acquire Landmark Movie Chain [Bloomberg]

By Anousha Sakoui, Nabila Ahmed, and Spencer Soper

August 16, 2018 | Amazon.com Inc. is in the running to acquire Landmark Theaters, a move that would vault the e-commerce giant into the brick-and-mortar cinema industry, according to people familiar with the situation.

The company is vying with other suitors to acquire the business from Wagner/Cuban Cos., which is backed by billionaire Mark Cuban and Todd Wagner, according to the people, who asked not to be identified because the discussions are private.

Read more on Bloomberg.