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Madison Global Partners advises MoviePass in deal to sell 51% stake to Helios and Matheson Analytics (Nasdaq: HMNY)

MoviePass agrees to sell 51% stake to Helios and Matheson Analytics (Nasdaq: HMNY) Madison Global Partners acted as Investment Bankers to MoviePass $29,000.000 in cash and stock.
 

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MoviePass Press Release

Are Macy's or Kohl's Next on Amazon's Wish List?


(Seattle Business Magazine)

Reports Suggest that Amazon could be looking to acquire another major retailer.

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Seatle Busines Magazine Article

Last week, Barron’s wondered if the Seattle-based e-commerce mega-corporation is considering a purchase of Wisconsin-based Kohl’s. The department store is already partnering with Amazon

and debuted new in-store Amazon shops that sell Amazon-brand products like the Echo, Fire TV, Kindle and more. It is also serving as one of two stores that will now accept Amazon returns free. The other? New Amazon subsidiary Whole Foods. 

 

According to Barron’s, selling its own brand products inside Kohl’s stores could be part of a larger strategy in brick-and-mortar retail for Amazon:

Bernard Sosnick, who follows Kohl’s for MADISON GLOBAL PARTNERS, thinks Amazon is testing the merits of owning a retailer that can build private-label products to showcase Amazon devices and services. The holiday season will test the theory further, with a fuller answer emerging by mid- to late-2018, Sosnick says. If the partnership succeeds, he thinks Kohl’s will boost sales and even improve merchandise and marketing. Kohl’s has more than 1,100 stores in 49 states.

 

If Kohl’s keeps struggling, however, Sosnick says its management might have a greater incentive to sell. “And at a $7.5 billion market capitalization, Kohl’s might seem a bargain to Amazon, especially if Amazon were to believe it could gain benefits from owning stores as showcases,” he said.