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Amazon and Netflix deny rampant acquisition rumors


Wouldn't these two be a pair, teamed up against Blockbuster's video rental service and the iTunes gorilla? Wall Street seems to think so, and rumors today of Amazon having plans for acquiring Netflix sent shares of the former to heights not seen since 2004. Unfortunately, the fun didn't last long, with Netflix quickly calling it "rumors or speculation," and Amazon defining it as "speculation and rumor." But, like Silicon Valley analyst Rob Enderle states: "If they're not talking, they probably should be."

[Via El Reg]

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