Amazon may buy movie-theater chain Landmark: report
Amazon.com Inc. is competing against other suitors to buy out Landmark Theatres, according to a Bloomberg report citing unnamed sources familiar with the situation. The movie-theater chain would be purchased from Wagner/Cuban Cos., but no final decisions have been made and talks could unravel, the report added. That enterprise is backed by billionaires Mark Cuban and Todd Wagner. Separately, a Reuters report said Amazon is considering offering a U.K. price comparison website for insurance products. Amazon’s stock AMZN, -1.93% one of the equity market’s biggest winners this year, were not yet active in U.S. premarket trade on Thursday.
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