SPYGLASS MAY TAKE OVER AILING MGM
August 11, 2010 by admin · 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 […]
