Amazon, Spotify said to evaluate bids for London-listed podcaster Audioboom
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Amazon (NASDAQ:AMZN) and Spotify (NYSE:SPOT) are said to be considering possible bids for London-listed podcaster Audioboom.
Amazon (AMZN) and Spotify (SPOT) have been evaluating bids in recent weeks and may decide on formal offers as soon as this month, according to a Sky News report.  Audioboom has a market value of a more than GBP275M.

An offer for Audioboom would likely come at a "significant" premium to Audioboom's Friday closing price of GBP17.60, the report said, citing City sources.
Recall in November, Spotify agreed to acquire audiobook firm Findaway.

Earlier this month, Spotify price target slashed at Wells Fargo after Q4 results, as margins weaken.