Movie studio behind James Bond franchise explores sale | The Asian Age Online, Bangladesh
U.S. movie studio MGM Holdings is exploring a sale, a person familiar with the matter told Reuters on Monday.The movie studio behind the James Bond franchise has tapped investment banks Morgan Stanley and LionTree LLC and started a formal sale process, the source said, asking not to be identified.
The company has a market value of around 5.5 billion dollars, based on privately traded shares and including debt, the source added. The development was reported earlier by the Wall Street Journal.