Sony-led group finalizes deal to purchase MGM
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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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NEW YORK - A group of investors led by Sony Corp has agreed to buy Metro-Goldwyn-Mayer Inc for nearly $5 billion, US news reports said Monday.
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Sony Corp. is banking on the &#36;3 billion deal to acquire Hollywood studio Metro-Goldwyn-Mayer Inc. to boost lagging profits by exploiting potential link ups between its electronics and entertainment businesses.
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US entertainment giant Time Warner Inc. said Monday it has withdrawn its bid to buy Hollywood movie studio Metro-Goldwyn-Mayer (MGM) after they failed to agree on a price.
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Arts and crafts retailer Michaels  Stores Inc.  said on Friday it agreed to be bought by  two private equity groups for more than &#36;6 billion in a deal  that attracted many of the world&#039;s largest buyout firms.
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Sony Corp. and a group of investors said they&#39;ve agreed in principle to buy Metro-Goldwyn-Mayer Inc., the movie studio controlled by billionaire Kirk Kerkorian, for $12 a share, or about $2.
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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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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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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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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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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 Corp. has agreed in principle to acquire famed Hollywood studio Metro-Goldwyn-Mayer Inc. for nearly $3 billion, MGM said late yesterday.
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Australia's Qantas Airways Ltd.  reached a deal on Wednesday to be sold to a group led by Macquarie Bank Ltd.  and private equity firm Texas Pacific Group, according to a source familiar with the deal.
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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, SEPT 14: A consortium led by Sony Corp has agreed in principle to acquire Hollywood studio Metro-Goldwyn-Mayer Inc for nearly $3 billion.
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Australia's Qantas Airways Ltd.   reached a deal on Wednesday to be sold to a group led  by Macquarie Bank Ltd.  and private equity firm Texas  Pacific Group, according to a source familiar with the deal.
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A group headed by Sony Corp of  America agreed in principle to acquire Hollywood film studio  Metro-Goldwyn-Mayer MGM.N for $12 a share in cash, both sides   said on Monday.