 PAPER CHASE NEWSBURST |  
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| Serious law. Primary sources. Global perspective. |
UPDATE ~ MGM accepts Sony deal Tom Henry at 8:06 PM ET As reported earlier today in JURIST's Paper Chase, a consortium led by the Sony Corporation is seeking to acquire the Metro-Goldwyn-Mayer film and television studio. MGM has now released a statement agreeing in principle to be acquired for $12 a share plus assumed debt, an expected value of over $3 billion. Read the MGM statement from their website here. Link | 
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