Time Warner Said to Be Considering Bid for MGM Studio - 0 views
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Ethan Hartsell on 20 Mar 10"Time Warner Inc. is considering a bid of $1.2 billion to $1.5 billion for the Metro-Goldwyn-Mayer Inc. film studio, according to two people with knowledge of the discussions, as second-round offers come due tomorrow. Warner Bros. executives, including Chief Executive Officer Barry Meyer and Chief Operating Officer Alan Horn, will iron out a possible price tomorrow with Time Warner CEO Jeff Bewkes, said one of the people, who declined to be named because the talks are private. Time Warner may decide not to make an offer, the people said."