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Amazon obtains right to buy stock in Generac, boosting power company's share price by over 40%

Amazon was granted warrants to buy up to $340 million worth of Generac stock as part of a deal to supply backup power generators for its data centers.

We haven't written up this one. CNBC Technology has the full story — the link below goes straight to it.

Also reported by 2 other outlets

Read the original at cnbc.com →

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