Metro Goldwyn Mayer achieves a new prrroga to pay debts

6 hours 12 mins ago Los Angeles (USA), July 14 (EFE) .- The veteran Hollywood studio Metro Goldwyn Mayer (MGM) reported today that a new prrroga got to pay some debt 3,700 million dollars, threatening to bankrupt. Continue reading the printed article lenders granted MGM the sixth postponement for the production of such films as "The Wizard of Oz" (1939), "Gone with the Wind" (1939) and "Ben-Hur" (1959) may pose a restructuring plan that allows rescue that compaay avoid dismantling it. The study tena face on July 15 to a payment of about 500 million dollars, including principal and devolucin interest period postponed two months, until September 15. "Lenders acted in support of efforts by the carrier who is to assess their long-term strategies for maximizing the value of their assets. MGM appreciated continued support of creditors during this process, "said the address of the study in a statement. In June 2011 a letter overcome greater estimated in billions of dollars and by 2012 the debt must be resolved if was meeting deadlines. MGM has Spyglass offers studies and Summit Entertainment for a possible Melting. Also Lionsgate this year expressed interest in having an operation which he subsequently withdrew purchase by difference of opinions among its shareholders. Time Warner put on the table 1500 million dollars to acquire MGM, an amount that has not been officially rejected, but analysts SIGNAL inadequate. The financial problems have left MGM in the air the making n of the James Bond Movies prxima or the commencement of filming of the expected yields on the novel "The Hobbit."

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