MGM: Icahn makes another offer

21 Oct

In the ongoing saga for control of financially troubled MGM Studios, Carl Icahn makes another offer in his attempt to win MGM Studios. On the table, and still pending is the offer from Spyglass Entertainment to run MGM as part of a leveraged bankruptcy move. Icahn is now offering a 45cents on the $1 bid against the outstanding debt holders of MGM.

News breaking from CNBC business news: http://www.cnbc.com/id/39778657

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