Amazon.com to acquire local opera for $1.1 billion

Amazon.com to acquire local opera for $1.1 billion

Amazon.net Inc. will acquire local-based opera company, New York City Opera, for an undisclosed amount, according to the Wall Street Journal.The acquisition is expected to close within the next 12 months.The news comes after New York’s Metropolitan Opera Company, which runs the Metropolitan Opera, said in February it would close its New York and Hartford-based…