Fandango to Acquire Rival MovieTickets.com

Fandango said Friday it has agreed to pay an undisclosed price to acquire MovieTickets.com, a longtime competitor to the leader in the online movie ticket industry.

The two rivals launched their businesses in the earlier days of the Internet but have changed ownership occasionally.

http://www.hollywoodreporter.com/news/fandango-acquire-rival-movieticketscom-1048430

About Mariusz Skonieczny 63 Articles
Mariusz Skonieczny is the founder of Classic Value Investors.