Monday, December 16, 2019

SPYGLASS MAY TAKE OVER AILING MGM

August 11, 2010 by · Leave a Comment 

Spyglass Entertainment Co-chairmen Gary Barber and Roger Birnbaum are reportedly close to closing a complicated deal under which they would end up running MGM, the Wall Street Journal reported today (Wednesday), citing people familiar with the situation. The deal would involve converting MGM’s debilitating debt into equity and Barber and Birnbaum receiving an ownership stake […]