MGM/Amazon deal said sent to FTC front office
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Amazon's (NASDAQ:AMZN) planned $8.5B purchase of MGM Studios (OTC:MGMB) has been sent to the U.S. Federal Trade Commission's front office after the staff made a recommendation on the deal.
It wasn't known what the staff recommendation was, according to a Dealreporter item. The FTC commissioners will now have to decide whether to approve or to block the deal.

The news comes after a report on Monday that the FTC is said to be preparing for a potential lawsuit to challenge the MGM transaction. The FTC is exploring options including hiring expert witnesses and will decide in the next few weeks if it will pursue a block of the transaction, according to the report from
The Information.
On Tuesday, Dealreporter also ran an item that said executives from Amazon's (AMZN) and MGM Studios were said to be attending a "state of play" meeting with the European Commission.