Sony To Acquire Hollywood Studio For $3Bn
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LOS ANGELES, SEPT 14: A consortium led by Sony Corp has agreed in principle to acquire Hollywood studio Metro-Goldwyn-Mayer Inc for nearly $3 billion.
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Metro-Goldwyn-Mayer Inc. will merge with Sony Corp. of America in a deal valued nearly at $5 billion or $12 a share, the company announced late Monday.
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Sony Corp. and several financial partners have agreed in principle to acquire movie studio Metro-Goldwyn-Mayer for about $2.94 billion in cash, sources familiar with the talks said Monday.
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A group headed by Sony Corp of  America agreed in principle to acquire Hollywood film studio  Metro-Goldwyn-Mayer MGM.N for $12 a share in cash, MGM said  on Monday.
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LOS ANGELES : A group led by Japan&#39;s Sony Corp. has struck a tentative deal to acquire Metro-Goldwyn-Mayer movie studios for nearly five billion dollars, ending an era in Hollywood history.
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A consortium led by Sony reached a tentative agreement to buy Metro-Goldwyn-Mayer, the Hollywood studio for about $4.9 billion.
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Sony disclosed more information about its joint venture in the UK and Ireland with British Sky Broadcasting to bring video downloads to its popular handheld system, as well as a DVR device to bring television programming to the PS3 and PSP.
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Hollywood Entertainment Corp.  HLYW.O, which may face a hostile takeover bid by Blockbuster  Inc. BBI.N, on Monday agreed to be bought by smaller rival  Movie Gallery Inc. MOVI.O for about $850 million in a merger  of two big U.S. video rental chains.
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Japanese consumer electronic giant Sony is hoping to close a deal that will give it control of the famed MGM studio in the United States.
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Sony's financial unit will be allowed to list on the Tokyo Stock Exchange beginning Oct. 11 in an offering worth up to $3.12 billion, the company said Tuesday.
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LOS ANGELES - A consortium led by Sony has agreed in principle to acquire famed Hollywood studio Metro-Goldwyn-Mayer for nearly $3 billion, MGM said late Monday.    The deal marks the last chapter in the history of two of Hollywood's most storied names - MGM, once best known for its musical hits like "Singing in the Rain" and "Meet Me in St...
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Japanese electronics and entertainment conglomerate Sony Corp said on Wednesday it was still in talks to buy the Metro-Goldwyn-Mayer Inc. film studio, which is also talking to Time Warner Inc.
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Lachlan Murdoch and the gambling magnate James D. Packer have made an offer of 3.3 billion Australian dollars ($2.9 billion) to buy Consolidated Media Holdings.
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A bidding group headlined by Sony Corp. (6758.T) agreed in principle to buy Hollywood film studio Metro-Goldwyn-Mayer  for nearly &#36;5 billion on Monday, after rival bidder Time Warner Inc.  withdrew from the auction.
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An investment firm owned by the government of Dubai says it has bought a "substantial stake" in Sony.
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A consortium led by Sony Corp. that includes cable television giant Comcast Corp. has entered into a definitive agreement to acquire venerable film studio Metro-Goldyn-Mayer, the parties said Thursday.
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Under a definitive agreement reached Thursday by Metro-Goldwyn-Mayer Inc. and a consortium led by Sony Corporation of America, MGM will continue to operate as a private movie-making company