MUMBAI: Reliance Entertainment, the media and entertainment arm of the Anil Dhirubhai Ambani Group, is likely to bid for Hollywood studio Metro-Goldwyn-Mayer (MGM), the Economic Times paper said, citing an unnamed person with knowledge of the development.
About a dozen interested parties including Time Warner, Lions Gate Entertainment and private equity firms are among those weighing potential offers for the debt-ridden studio, several sources told Reuters.
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