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MGM UA Entertainment is postponing its planned Jan. 21 special stockholders meeting approval of a
MGM/UA Entertainment, which has been trying to repurchase the 15% stake of MGM/UA Home
historic MGM movie studio in Culver City and the Metrocolor film-processing laboratory.
If Lee Rich made his living at a race track instead of at a movie studio, he would almost certainly be dubbed a "chalk player"--a bettor who backs the favorites and avoids the 50-1 shots.
The final, $8-million phase of 32 homes in the $37-million, 181-home project on Metro-Goldwyn-Mayer's Lot 2 in Culver City is under way.
MGM/UA Entertainment Co. executives huddled Tuesday to debate the restructuring of the company in
This week's hot whisper--but from such highly placed sources--is that Charles W.
Standard & Poor's said it lowered the rating on the subordinated debt of MGM/UA Entertainment to B+ from BB-.
In a class-action suit, Leila Sorell of Los Angeles asked a Delaware court to block the financier's proposed $126-million offer for the 30% stock interest that he does not already own.
Chairman Frank Rothman of MGM/UA Entertainment Co. told its stockholders emphatically Saturday that
The deal had just been closed and Ted Turner was in an ebullient mood.
Shares of MGM/UA Entertainment, in the midst of a $1-billion acquisition by Turner Broadcasting
Films beginning production this week: MOONSTRUCK (MGM). Shooting in New York and Toronto.
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Metro-Goldwyn-Mayer Pictures Inc. and MGM/UA Television Productions will open its new corporate
