Sony-Led Group to Acquire MGM for $3B
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LOS ANGELES - A consortium led by Sony Corp. has agreed in principle to acquire famed Hollywood studio Metro-Goldwyn-Mayer Inc...
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An Australian-led consortium said it would buy the broadcast business of communications and entertainment group ntl Inc for 1.27 billion pounds.
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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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In the battle between the competing standards for the next generation of DVD, the Blu-ray group has raised the stakes again with the announcement that the Walt Disney Corporation is backing the Sony Corp led group and has joined as the 15th member of the
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Metro-Goldwyn-Mayer Inc. (MGM.N: Quote, Profile, Research) shares jumped more than 7 percent on Wednesday on a report that a deal to acquire the company for up to $5 billion could be announced as early as next week.
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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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Metro-Goldwyn-Mayer shareholders voted overwhelmingly on Friday to approve the film studio's sale to a Sony Corp.-led consortium that includes cable television giant Comcast Corp.
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The Associated Press is reporting that film and television studio Metro-Goldwyn-Mayer Inc. has agreed to let itself be bought out by a consortium headed by Sony.
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[Business India] Los Angeles, Sep 24 : After months of wrangling, a consortium led by Sony Corp has signed a definitive deal to buy the famous Hollywood studio MGM, Xinhua reports.
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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 &#36;2.85 billion plus debt, giving it MGM's film library to exploit in DVD and newer digital media markets.
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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 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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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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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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TXU Corp.  said it agreed to be acquired  by a group led by private equity firms Kohlberg Kravis Roberts  & Co.  and Texas Pacific Group  for about $45  billion including debt.
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An international group led by Lockheed Martin Corp. received a $3 billion contract yesterday to develop a program that will eventually replace the Patriot missile system.
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Comcast, the biggest U.S. cable operator, will join the investors working with Sony on the deal, a source close to the discussions said.