AAA September 2010 – Page 4

Amazon reportedly examines Lovefilm deal

Amazon, a US-listed online retailer, has reportedly made a takeover offer for UK-based movie distribution company Lovefilm. Amazon owns 42% of the target after combining its European rental operation with Lovefilm in 2008 and buying out one of the company’s venture capital backers. The takeover offer would value Lovefilm at £200m ($311m), according to news… Continue reading Amazon reportedly examines Lovefilm deal