Reuters – MGM Board Expected to Discuss IPO

The board of MGM, the Hollywood studio that exited bankruptcy in 2010, will discuss a long-awaited initial stock offering when it meets on March 18 amid indications that debt-holders who control the company may be nearing a decision to file, writes Reuters. MGM is being advised by Goldman Sachs Group and JPMorgan Chase & Co on a possible IPO, writes Reuters.

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