Amazon And Netflix Deny Aquisition Rumors

Posted: Jun 8 2007, 2:05am CDT | by , Updated: Aug 11 2010, 2:14am CDT, in Mobile Phones


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Amazon and Netflix deny Aquisition Rumors

Yesterday we reported about a rumor that Amazon is going to buy Netflix.

Both companies deny the acquisition rumor in a report on The Mercury News.

Amazon stock rallied Wednesday amid the rumors. So Wall street thinks its a good idea for Amazon to buy Netflix.

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<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Manfred "Luigi" Lugmayr () is the founding Chief Editor of I4U News and brings over 25 years experience in the technology field to the ever evolving and exciting world of gadgets, tech and online shopping. He started I4U News back in 2000 and evolved it into vibrant technology news and tech and toy shopping hub.
Luigi can be contacted directly at ml[@]




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