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(Image from article: "MGM To Declare Chapter 11")

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MGM files for bankruptcy with support of lenders

Hollywood studio Metro-Goldwyn-Mayer Inc., the home of James Bond, says it has filed for bankruptcy protection as the culmination of a long process to restructure its finances with the support of lenders.

 

Lions Gate Suggests Merger With MGM

Lions Gate has made a merger offer with Metro-Goldwyn-Mayer, a move that has the backing of Carl Icahn, who has financial interests in both movie studios.

 

MGM To Declare Chapter 11

MGM To Declare Chapter 11

Executives from Spyglass Entertainment will take over the company once it emerges from bankruptcy.

 

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