No surprise: MGM wants to study bids

MGM received bids and, no surprise, wants to study them before proceeding. Here’s an exerpt from a Bloomberg.com story:

The company will start a second phase of its strategic review after evaluating the proposals, Los Angeles-based MGM said today in an e-mailed statement.

To look at the (short) story, CLICK HERE.

UPDATE: Here’s Nikki Finke’s take from the afternoon of Jan. 15, with a few, but not many, additional details.