Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Hollywood Star Rent A Car. The best car rental company in Los Angeles.
323-839-9929      
Hollywood Rent a Car Facebook  

Carl Icahn exits Hollywood, sells interest in MGM

Carl Icahn, who usually a year ago hoped to mix dual studios and emanate an party empire, has retreated from Hollywood by offered his interest in Metro-Goldwyn-Mayer.

The billionaire financier has sensitively sole his approximately 25% interest in MGM, a 88-year-old studio behind a James Bond array and a arriving “Hobbit” trilogy, behind to a association in a understanding value $590 million.

The pierce comes reduction than a year after Icahn sole his 33% interest in film and radio studio Lions Gate Entertainment, that he creatively wanted to combine with MGM.

MGM concluded to compensate Icahn $33.50 for any of his 17.6 million shares,

Article source: http://www.latimes.com/entertainment/envelope/cotown/la-et-ct-mgm-icahn-20120731,0,5647578.story

This entry was posted in Hollywood Car Rental and tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , . Bookmark the permalink. Follow any comments here with the RSS feed for this post. Post a comment or leave a trackback.

Leave a Reply

Close [X]