Netflix Finally Makes an Acquisition That Wall Street Actually Likes
After coming up short in recent media acquisitions, Netflix makes a big bet on itself.
Netflix Finally Makes an Acquisition That Wall Street Actually Likes
Overview
Netflix (NASDAQ: NFLX) has been jilted at the altar, and the market wasn't impressed -- even after walking away with a hefty consolation prize. Just last week, a report claimed that the leading premium streaming service was outbid for another high-profile property. Netflix refuted the report, claiming that it never made a formal buyout offer.
The narrative has remained the same over the past year. The company behind the popular Love Is Blind matchmaking show is unlucky in love itself. Poor Netflix -- always the Emma, never the bride.
Details
But it finally seems to have made a love connection.
Source
Originally published at www.fool.com.
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