MGM on the Verge of Bankruptcy? Where Does This Leave Bond and The Hobbit?

There's a complicated story brewing with MGM, which for the last thirty years has frequently been in dire financial straits. The severely abridged form is that MGM and its library have been bought and sold multiple times since the '80s, and that the company is currently operating with a debt load and interest payment schedule that have analysts and lenders highly concerned about the company's solvency. Yesterday the

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