Amazon defies break-up wave sweeping conglomerates
By Reuters | Published Feb 22, 2022
Amazon.com Inc has become the poster child of technology giants bucking the trend of major conglomerates breaking up, thanks to bright growth prospects shielding it from pressure to follow suit, investors and dealmakers said. Some hedge funds have been arguing that Amazon's $1.6 trillion market capitalization masks the true value of Amazon Web Services,...