Sony raises MGM bid, Time Warner sets deadline-WSJ
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A group of investors led by Sony Corp. (6758.T: Quote, Profile, Research) , the Japanese electronics and entertainment company, raised its offer to buy the Metro-Goldwyn-Mayer Inc.
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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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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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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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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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Qwest Communications International Inc.  on Sunday hiked its takeover offer for MCI Inc.  to about &#36;7.3 billion in cash and stock, sources familiar with the situation said, while rival bidder Verizon Communications Inc.  responded by altering its lower offer.
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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, taking it from Time Warner at the 11th hour.
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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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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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Blockbuster Inc. has raised its bid for rival movie-rental chain Hollywood Entertainment Corp., launching a hostile cash and stock offer valued at $1.3 billion that it hopes will derail Hollywood's pending sale to Movie Gallery Inc.
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Metro-Goldwyn-Mayer Inc.  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 &#36;5 billion, sources close to the company and its talks with possible bidders said on Tuesday.
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Los Angeles-based Metro-Goldwyn-Mayer Inc. isn&#39;t allowing employees&#39; to trade shares in the company, and may announce a deal to be bought for as much as $5 billion, Reuters is reporting.
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SAN FRANCISCO (CBS.MW) -- A consortium led by Sony Corp. of America announced late Thursday the details of its $4.8 billion agreement to buy Metro-Goldwyn-Mayer.
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Film and television studio  Metro-Goldwyn-Mayer Inc. MGM.N on Monday said it agreed in  principle to be acquired by a consortium led by Sony Corp. of  America for $12 a share in cash, plus assumed debt.
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Sony is hiring some big guns to capture movie giant Metro-Goldwyn-Mayer. Photo: AP. Unlike the old days, Sony is seeking outside support in its tilt at MGM, writes William Pesek.
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Asian stocks rose in US trading. Sony Corp. gained after the world&#39;s No. 2 consumer-electronics maker agreed to resolve a dispute over patents related to digital cameras.
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It was a bold, down-to-the-wire move that would do Agent 007 proud. At the last minute, Sony elbowed Time Warner aside to win the bidding last week for Metro-Goldwyn-Mayer