HOLLYWOOD STUDIO MGM IS FOR SALE AT $5 BILLION

Highlights

• Despite several attempts to sell it off, the studio behind James Bond has failed to seal the deal because of the price quoted by it

• The studio recently made a spinoff of Sylvester Stallone-starrer Rocky, titled Creed with the Black Panther-star Michael B Jordan in lead

• After being on the verge of bankruptcy a decade back courtesy of debt worth $4 billion, MGM was successful in earni....