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Metro-Goldwyn-Mayer may soon be bought out by an Indian conglomerate. The studio has been in bad financial shape for a while, and recently had to have its scheduled debt repayment to an investor group extended for the seventh time. Shara India Pariwar, whose many business holdings include everything from luxury resorts to airlines, is said to [...]  Home of the James Bond movie franchise, Metro-Golden-Meyer the Hollywood studio is looking at takeover bids as it is seeks ways to delay making interest payments on all of its debts. So far Time Warner, Lions Gate Entertainment, and Access Industries have all made second bids on MGM as of last night, after the company decided [...] |
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