MGM Files Registration for Possible IPO25 Jul, 2012 By: Erik Gruenwedel
MGM Holdings, the parent company of venerable studio Metro-Goldwyn-Mayer, said it has submitted a draft registration with the Securities and Exchange Commission for a possible initial public offering.
The draft registration statement was disclosed in a late press release July 24 with additional details.
MGM Holdings is owned by a consortium of investment groups, which bought the studio out of bankruptcy in 2010. Subsidiary Metro-Goldwyn-Mayer Studios owns MGM Pictures, United Artists Corp., Orion Pictures Corp. and MGM Home Entertainment Distribution Corp.