MGM taps banks to explore sale
December 23, 2020- Share:
MGM Holdings has hired banks to help it explore a sale, The Wall Street Journal reported. The private company reportedly has a market value of about $5.5 billion. MGM co-owns the "James Bond" franchise and has a library of over 4,000 other films, including the "Rocky" franchise. MGM's top shareholder is reportedly New York-based hedge fund Anchorage Capital.
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