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... after year.
In the past six or seven years, Kirk Kerkorian has invested another $1.7 billion in order to make up for MGM's deficit and maintain a stable stock price.
In other words, the current MGM studio has no debt.
However, Kirk Kerkorian's total investment for MGM is $3 billion!
Now, Kirk Kerkorian has sold MGM to New Universal for $4.3 billion, which translates to a profit of $1.3 billion.
According to the US tax law, investment profits are subject to cap ...
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