MGM Sends Out Confidentiality Agreements

MGM Sends Out Confidentiality Agreements

Published: November 25, 2009 @ 10:56 am
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By Reuters

Metro-Goldwyn-Mayer, the famed film studio that is considering selling itself, has sent confidentiality agreements to about 20 interested parties including Time Warner Inc and News Corp, sources familiar with the matter said on Tuesday.

The studio, struggling with nearly $4 billion in debt, has also sent these documents to Lions Gate Entertainment Corp and Sony Corp, as a prelude to letting interested parties examine its books, the sources said.

Read more at Reuters.

Tags: MGM, Movies, News Corp., Time Warner
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