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Latest Satellite News Discussion, MGM looking for buyer at General Satellite News forum; MGM looking for buyer Struggling movie studio Metro-Goldwyn-Mayer (MGM) is looking for a buyer. The home of the James Bond ...

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MGM looking for buyer - 16-November-2009, 20:20

MGM looking for buyer

Struggling movie studio Metro-Goldwyn-Mayer (MGM) is looking for a buyer. The home of the James Bond and Rocky franchises said it has begun to explore strategic options including "a potential sale of the company." In a statement, MGM also said its lenders have agreed to grant the company another respite until January 31st from interest payments on nearly $4 billion in debt.



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