Amazon Gets Warrant to Buy $521.4 Million of 3M Stock in Expanded Data Center Partnership: MMM Rises Over 5% After Hours
Amazon expanded its data center partnership with 3M and got a warrant to buy about $521.4 million of 3M stock tied to product purchases.
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Why It Matters
Amazon and 3M made their partnership bigger and stronger. Amazon got the right to buy a big chunk of 3M stock later.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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