MGM buys some time

From an Associated Press story on The New York Times’ Web site:

Less than two months after hiring restructuring guru Stephen Cooper as a top executive, debt-laden Hollywood studio Metro-Goldwyn-Mayer Inc. said Thursday it received a brief respite from making interest payments on nearly $4 billion in debt.

Just another reason why 007 fans have to check out the business pages of their favorite newspaper (or news Web site). To read the entire story, just click RIGHT HERE.

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