Kerkorian and MGM, Off Again
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On Monday, Kirk Kerkorian sold Metro-Goldwyn-Mayer Inc. for the third time. As a Hollywood reconciliation story, that means Kerkorian has bought and sold the venerable movie studio more times than Elizabeth Taylor married Richard Burton.
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Billionaire Kirk Kerkorian indicated he was selling another large portion of his General Motors Corp. shares, and an afternoon transaction yesterday may mean he has divested himself entirely of his stake in the automaker.
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Over the weekend, Time Warner had warned the movie studio that it would pull out if MGM did not accept its offer in the next few days.
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MacWorld Preview Neglected computer biz is owed a relaunch
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KKR Financial Holdings , the listed affiliate of private equity group Kohlberg Kravis Roberts &amp; Co , has delayed repayment of billions of dollars of commercial paper for the second time and begun a new round of talks with creditors, the Financial Times said on Wednesday.
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Kirk Kerkorian's Tracinda Corp. on Wednesday backed off plans to restructure MGM Mirage Inc. , after the casino operator announced a new multibillion dollar Las Vegas resort project.
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Back in 2001, that&#39;s how Warner Bros. sold its all-star update of the 1960 Rat Pack Vegas caper &quot;Ocean&#39;s Eleven.&quot;.
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Reorders, recorders, and red borders will have starring roles in next week's Wall Street epic.
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Seeing motion pictures exhibited in film projection theatres is a dying tradition which we will one day tell our grandchildren about in order to bore them.    The causes of this death are obvious to many consumers, but mystify movie studios and exhibitors alike.    What follows is an open letter to the proprietors of Cineplex Entertainment LP, carbon copied here to you, the K5 community, in order that you may share in my vitriol.
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On Monday, billionaire Kirk Kerkorian sold Metro-Goldwyn-Mayer Inc. for the third time. As a Hollywood reconciliation story, that means Kerkorian has bought and sold the venerable movie studio more times than Elizabeth Taylor married Richard Burton.
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Also: Hollywood hints at digital film system. Read these stories and more from around the Web on News.com Extra.
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The video giant lowers rental fees again. Sounds desperate.
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Keep that copy of Shrek 2 an extra week. Heck, keep it forever: Blockbuster Inc. announced yesterday that the ubiquitous rental chain is letting customers hold onto movie and game
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NEW YORK -- Billionaire investor Kirk Kerkorian abandoned efforts to buy two of MGM Mirage's Las Vegas casino complexes after the company disclosed plans to build another resort in the city. MGM shares fell $5.90, or 6.8 percent, to $80.60, the biggest drop in 10 months.
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The DVD renting pioneer obliterates quarterly targets.
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Time Warner Inc., the world&#39;s largest media company, withdrew its bid for Metro-Goldwyn-Mayer Inc. after it could not reach agreement on the price of the film studio controlled by billionaire investor Kirk Kerkorian.
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In what has become an annual tradition, last week I staged a one-man âsick outâ from my day job to visit the Consumer Electronics Show in Vegas. And Iâd like to correct a few wild rumors before they get out of hand. First, I did not walk off with the sashimi platter at the Verizon party at Nobu, nor did I challenge Jackie Chan to a Drunken Fist deathmatch at the XaviX press conference.