Sony Agrees to Buy MGM for Nearly &#36;5 Bln
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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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MGM, which is in the process of being sold to a group headed by Sony Corp., has insisted on a business-as-usual stance, but that business no longer involves the immediate production of a new James Bond movie.
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Sony Corp. has reportedly reached a tentative deal to buy Hollywood studio Metro-Goldwyn-Mayer Inc. shortly after media giant Time Warner Inc.
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Fannie Mae , the embattled U.S. home financing company, on Wednesday said it agreed to sell &#36;5 billion in preferred stock to institutional buyers as part of an effort to comply with regulatory demands to increase capital.
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LOS ANGELES/TOKYO  - A group headed by Sony Corp.  of America has agreed to buy Hollywood film studio  Metro-Goldwyn-Mayer for about $2.85 billion in cash to mine  MGM's lucrative library for the booming DVD market.
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Video rental giant Hollywood Entertainment Corp. has agreed to a buyout offer of nearly $850 million from smaller rival Movie Gallery Inc. in a deal that would create a stronger challenger to the industry leader, Blockbuster Inc.
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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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Metro-Goldwyn-Mayer Inc. MGM.N  has restricted its employees' ability to trade shares in the  company, and could announce as early as next week a deal to be  acquired for up to $5 billion, sources close to the company and  its talks with possible bidders said on Tuesday.
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A group headed by Sony Corp of America agreed in principle to acquire Hollywood film studio Metro-Goldwyn-Mayer  for &#36;12 a share in cash, MGM said on Monday.
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A group led by Sony of America reached a tentative agreement to buy Metro-Goldwyn-Mayer for about $4.8 billion in cash, snatching it from Time Warner at the 11th hour.
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A group of companies led by Sony  Corp. of America put a lock on its acquisition of film studio  Metro-Goldwyn-Mayer Inc. for about $2.85 billion plus debt,  giving it MGM's film library to exploit in DVD and newer  digital media markets.
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A group of investors led by Japan's Sony Corp. has raised its offer for Hollywood film studio Metro-Goldwyn-Mayer to nearly &#36;5 billion in an attempt to beat out rival bidder Time Warner Inc., a source close to the matter said on Monday.
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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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LOS ANGELES: A group headed by Sony Corp of America on Monday agreed to buy Hollywood film studio Metro-Goldwyn-Mayer for about US$2.
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A group headed by Sony Corp.  6758.T agreed in principle to buy Hollywood film studio  Metro-Goldwyn-Mayer MGM.N for nearly $5 billion on Monday,  sources close to the deal said.
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After months of heated wrangling and public speculation, a consortium led by Sony Corp. signed a definitive deal Thursday to buy the famous Hollywood studio Metro-Goldwyn-Mayer (MGM).
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Prized free agent Adrian Beltre and the Seattle Mariners agreed to a &#36;64 million, five-year deal Thursday, The Associated Press learned.