Los Angeles Business Journal

MGM’s IPO: Not So Fast

Tuesday, March 19, 2013

While speculation is high that Metro Goldwyn Mayer may soon launch an initial public offering to raise as much as $3 billion, sources tell Variety that the producer of such recent hits as “Skyfall” and “The Hobbit: An Unexpected Journey,” is more likely to seek a significantly smaller $400 million to $500 million private placement.