Time Warner, News Corp interested in MGM?



News Corp, Time Warner and Qualia Capital are interested in buying Hollywood's Metro-Goldwyn-Mayer film studio Bloomberg has reported. Burdened by about $4 billion in debt, Los Angeles-based MGM said last week it was weighing options, including a possible sale of the company.

Creditors are hoping to get at least $2 billion, from a single buyer or by selling the assets separately.




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