Sony-Led Group Makes a Late Bid to Wrest MGM From Time Warner
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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 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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Sony Corp. and a group of investors reached a final agreement to buy Metro-Goldwyn-Mayer Inc. for US$12 a share, or about US$2.9 billion, to gain control of one of the world&#39;s largest film libraries.
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A Sony-led group has a deal in principle to buy Metro-Goldwyn-Mayer for about $2.94 billion in cash and $1.95 billion in assumed debt, MGM (MGM) announced Monday evening.
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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 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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Film studio Metro-Goldwyn-Mayer Inc. Tuesday reported a net loss in the third quarter on lower revenue as the company prepares to be purchased by a consortium led by Sony Corp.
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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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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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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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In a filing that could dispel rumors that the recent auction for Metro-Goldwyn-Mayer Inc. was not competitive, the studio said winning bidder Sony Corp.
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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 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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Time Warner Inc. has withdrawn its all-cash bid for movie studio Metro-Goldwyn-Mayer, saying it could not agree on a price.
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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.
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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