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Industry NewsAmazon reportedly pressuring suppliers for discounted stakes in their businesses: WSJ

Amazon reportedly pressuring suppliers for discounted stakes in their businesses: WSJ

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Amazon has struck at least a dozen deals with publicly traded companies in which it gets rights, called warrants, to buy the vendors’ stock in the future at what could be below-market prices, according to corporate filings and interviews with people involved with the deals. Amazon over the past decade also has done more than 75 such deals with privately held companies, according to a person familiar with the matter. In all, the tech titan’s stakes and potential stakes amount to billions of dollars across companies that provide everything from call-center services to natural gas, and in some cases position Amazon among the top shareholders in those businesses, according to the Wall Street Journal, which also reports that certain suppliers are asked to give Amazon the right to buy shares at potentially lower-than-market rates as part of their contract.

 

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