PREVIEW

... > Regarding the acquisition of MGM, Flower Films initially quoted $1.5 billion, but Credit Lyonnais Bank aimed to sell its shares for $1.8 billion. Credit Lyonnais Bank had made up its mind to completely distance itself from Hollywood and would not engage in any more financial ties with the industry after the deal closed. Therefore, both parties' negotiations primarily focused on the final transaction price.

Negotiations began in early June and lasted until the end of July. The inability ...

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- Description from novelupdates