Movie studio Metro-Goldwyn-Mayer, home of movie franchises such as James Bond and The Pink Panther, proposed a bankruptcy plan that would reduce its debt by $4 billion and put the founders of Spyglass Entertainment in charge of the legendary studio.
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MGM Resorts International (MGM) may list its Macau gambling venture on the Hong Kong stock market.
MGM is a partner in MGM China Holdings, a casino in a historic district of Macau, MarketWatch reported. The casino is a joint venture with Pansy Ho, daughter of Macau gambling kingpin Stanley Ho.
The company said in a U.S. regulatory filing that the listing has yet to receive approval…
Continue reading MGM Resorts May List Macau Gambling Venture in Hong Kong
MGM Resorts May List Macau Gambling Venture in Hong Kong originally appeared on DailyFinance on Tue, 28 Sep 2010 08:06:00.
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