Sony-Led Consortium Agrees to Purchase MGM
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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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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.
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Sony Corp.&#39;s Sony Pictures Television International unit says it formed a joint venture with China&#39;s Hua Long Film Digital Production Co.
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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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Video rental giant Hollywood Entertainment Corp. has agreed to a buyout offer of nearly &#36;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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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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LOS ANGELES  - 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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A bidding group headlined by Sony  Corp. 6758.T agreed in principle to buy Hollywood film studio  Metro-Goldwyn-Mayer MGM.N for nearly $5 billion on Monday,  after rival bidder Time Warner Inc. TWX.N withdrew from the  auction.
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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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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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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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An Australian-led consortium said it would buy the broadcast business of communications and entertainment group ntl Inc for 1.27 billion pounds (2.46 billion US dollars).
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A consortium led by Japan&#39;s Sony Corporation has bought the Hollywood MGM Studio to mine MGM&#39;s lucrative library for the booming DVD market.
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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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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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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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As the leader of the group that plans to buy Metro-Goldwyn-Mayer, Sony is poised to gain considerable power in its fight to set the format for the next generation of digital video discs.