Latest News 2010 November MGM Seeking Bankruptcy Approval

MGM Seeking Bankruptcy Approval

Metro-Goldwyn-Mayer has reportedly been seeking bankruptcy court approval of its $500 million loan needed to emerge from Chapter 11. The company reportedly has a six-year plan for the money in order to reorganize. The company is reportedly asking the court to keep the amount of the fees payable for the loan confidential.    

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