Lions Gate Said to Hold Merger Talks With Metro-Goldwyn Studio [BusinessWeek]

June 24th, 2010 by

According to an article in BusinessWeek published yesterday Lions Gate Entertainment Corp has held merger talks with troubled studio MGM. The article states: “No offer has been made, and Vancouver-based Lions Gate won’t be able to move ahead without backing from Icahn, the largest investor with a 32 percent stake, said the person, who requested […]

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March 19 Deadline for MGM

March 9th, 2010 by

According to a story posted in Variety yesterday troubled Hollywood studio MGM has set March 19th as the closing date for bids on its assets. Six bidders were invited to participate in this second round of bidding after allowing them access to internal accounts. Two of these bidders are believed to be Time Warner and […]

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