MGM Files for Chapter 11 Bankruptcy

Metro-Goldwyn-Mayer Studios has filed for a re-organization bankruptcy, the studio announced Wednesday.
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MGM Files for Chapter 11 Bankruptcy o…

Carl Icahn Supports Lions Gate’s Bid to Buy MGM

Billionaire investor Carl Icahn threw his support behind Lions Gate Entertainment’s proposal to acquire debt-laden Metro-Goldwyn-Mayer, according to a filing with the SEC Tuesday. Icahn is Lions Gate’s largest shareholder and a…