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News Corp, Time Warner Eye MGM

11-23-2009 | Source: emii.com

Metro-Goldwyn- Mayer film studio has attracted expressions of interest from News, Time Warner and Qualia Capital, Bloomberg reports. The studio has about $4 billion in debt and is considering options, including the sale of the company.

The owner of the James Bond franchise is expecting to raise at least $2 billion from a single buyer or by selling the assets separately. The other bidders for the studio include Sony, Lions Gate Entertainment and Liberty Media.

Click here for the story from Bloomberg.

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