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Global production

MGM shareholders approve Sony-led takeover

By Jeremy Kay2004-12-20T04:00:00

MGM shareholders have approved of the proposed studio takeover bythe LOC Acquisition Company consortium.The consortium comprises Sony Corp of America, Providence EquityPartners, Texas Pacific Group, Comcast and DLJ Merchant Banking Partners.The merger plan was adopted at a special meeting of stockholderson Dec 17. Consummation remains subject to clearance under the ...

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MGM shareholders approve Sony-led takeover

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