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Amazon and NetFlix–Yes. No. Maybe. Yahoo-Facebook Redux? Um, Sorry. | |
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| Time: 09:47 EST/14:47 GMT | News Source: BoomTown | Posted By: Michael Dragone | ||
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The merger fever in the Internet might feel like it is 1999, but, let’s be honest, we are whole lot older and wiser than before. Ok, maybe not, judging from the mini-frenzy that resulted from wispy whiffs of rumors that online DVD renting and downloading service NetFlix was in talks to be acquired by online retail giant Amazon. NetFlix’s stock popped, of course, on the idea that the company—worth about $1.6 billion–could fetch more than $2 billion in an Amazon bid. | ||
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