US MOVIE studio MGM Holdings is exploring a sale, a person familiar with the matter told Reuters on Dec 21.The movie studio behind the “James Bond” franchise has tapped investment banks Morgan Stanley and LionTree LLC and started a formal sale process, the source said, asking not to be identified.The company has a market value of around US$5.5 billion, based on privately traded shares and including debt, the source added. The development was reported https://on.wsj.com/37DWKEq earlier by the Wall Street Journal.MGM Holdings said it had no comment.- Reuters
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