DealBook » Kerkorian Weighs a Movie Deal || Kirk Kerkorian, the billionaire investor who repeatedly bought and sold Metro-Goldwyn-Mayer, is now looking to buy a film studio, production company or other entertainment business, according to an executive at his investment vehicle, The Wall Street Journal reports.
Kirk Kerkorian, the financier who has bought and sold Metro-Goldwyn-Mayer at least four times in the last 31 years, is once again seeking a buyer for the company, one of the oldest movie production companies and the owner of an extensive film archive that includes Woody Allen's movies and the James Bond, Pink Pantherr" and "Rocky" series.
Then there is Finisar, a Luminent rival that sells components to ONI Systems, which in turn competes with Ciena and other firms in selling metro-area networking equipment to service providers.
In April, the company sold its metro traffic unit to Clear Channel for $119 million.
At least one of every four houses sold in metro Phoenix this year went to an investor.
Opening A SLICE OF NAPLES Guilio Adriani, the owner of Forcella, opens a tiny pizzeria with Neapolitan pizzas that are oblong and sold al metro, or by the meter.
But in telecom, big players worry about relying on Cisco when it sells only metro gear.
Toronto-based Nortel, whose stock has lost 96% of its value last year, announced in September that it would sell its metro Ethernet business, an Internet-focused piece of the company that generates about $1.5 billion a year in revenue.
Toronto-based Nortel, whose stock has lost more than 97% of its value in the last year, announced in September that it would sell its metro Ethernet business, an Internet-focused piece of the company that generates about $1.5 billion a year in revenue.
