MGMB MGM Holdings Inc (GM)

The parent company of Metro-Goldwyn-Mayer Studios Inc. has selected J.P. Morgan Chase & Co. (JPM) and Goldman Sachs Group Inc. (GS) to run its initial public offering, Bloomberg News reported Wednesday, citing two people familiar with the situation.

On Tuesday, MGM Holdings Inc. announced that it previously submitted a confidential draft registration statement for a potential IPO.

Movie and television studio Metro-Goldwyn-Mayer emerged from bankruptcy in December 2010 under the ownership of creditors including Carl Icahn.

Full story at http://www.bloomberg.com/news/2012-07-25/metro-goldwyn-mayer-parent-files-for-possible-ipo.html

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