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MGM up for sale for $5B after ‘preliminary talks’ with Apple failed

The Wall Street Journal reports that film studio MGM Holdings Inc. is putting itself up for sale after years of difficulty. MGM has had trouble selling itself in the past, reportedly because its asking price was just too high. The new pricing was selected in an effort to gather more interest from studios that may make a nice home for MGM’s franchises.

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The post MGM up for sale for $5B after ‘preliminary talks’ with Apple failed appeared first on 9to5Mac.

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