clear clear clear clear clear
clear
  
Movies
   Scoops & News

Sahara's bid to buy MGM ends



September 25, 2010 03:01:48 PM IST
IBNS, Bollywood Trade News network
Send to Friend

Sahara India Pariwar's bid to buy out the cash-stripped Metro-Goldwyn-Mayer Inc, ended as the Hollywood studio rejected the offer for more than 2 billion dollar purchase.

Subrata Roy Sahara, the chairman of Indian conglomerate, had talks for the buy out but nothing moved, sources here said.

The Hollywood studio said the offer was rejected.

MGM's creditors are owed around 4 billion dollars. They were negotiating a restructuring plan for the studio.



 
 

 More on Glamsham


- Karan Johar's dream has finally come true! - News
- Shah Rukh Khan's ice-cream video will truly melt your heart! - News
- Babe Of The Day - Picture Gallery
- 12 diverse looks of Disha Patani - News
- Akshay Kumar's boxing video will make you smile!! - News
- Anushka, Swara, Bipasha-Karan, Shilpa-Shamita spotted at various locations - News
- Asha Bhosle back with her Prem Mein Tohre rendition in BEGUM JAAN - News
- Deepika Padukone eyes Sonam Kapoor & Aishwarya Rai Bachchan's territory - News
- EXCLUSIVE: Pia Bajpai wants to work opposite this Khan! - News
- Happy Birthday: 5 times when Emraan Hashmi proved he is more than a serial kisser - News
- Is it curtains down for Kapil Sharma's show after comedian's special episode? - News
- It Is Holi and Diwali both for 'Begum' Vidya in Prem Mein Tohre - News
- Priyanka Chopra on how she has embraced her dark complexion - News
- Sanjay Dutt pushes BHOOMI to avoid clash with this Khan! - News
- Sayani's love for literature turns into movie - News

   News Archives


   Comments

A Fifth Quarter Infomedia Pvt. Ltd. site.