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The One Ring Forums: Tolkien Topics: Movie Discussion: The Hobbit:
Saraha $2B Bid Reconsidered By MGM

News from Bree
spymaster@theonering.net

Sep 29 2010, 10:57am


Views: 645
Shortcut
Saraha $2B Bid Reconsidered By MGM Can't Post

Last week it was reported a two billion dollar offer from Indian conglomerate Sahara India Pariwar was rejected by MGM. But now an article in Businessweek says the offer is being reconsidered by creditors.

Additionally, Sahara has chosen an investment bank in the United States to provide representation, according to Sahara spokeswoman Marcy DePina. She also stated that "part of the quick rejection had to do with Sahara submitting documentation of its assets in rupees"

You can read the entire article here.

(This post was edited by Altaira on Sep 29 2010, 4:01pm)

Subject User Time
Saraha $2B Bid Reconsidered By MGM News from Bree Send a private message to News from Bree Sep 29 2010, 10:57am
    Sorry - "Sahara" DiveTwin Send a private message to DiveTwin Sep 29 2010, 4:01pm
    The merry -go- round goes round and round Eruonen Send a private message to Eruonen Sep 29 2010, 4:03pm
    Money talks: My head hurts.// Kangi Ska Send a private message to Kangi Ska Sep 29 2010, 4:20pm
    Strange.... dormouse Send a private message to dormouse Sep 29 2010, 5:28pm
        I was just going to write that... Brandybuckled Send a private message to Brandybuckled Sep 29 2010, 5:55pm
        It all matters and thereby lies the problem.// Kangi Ska Send a private message to Kangi Ska Sep 29 2010, 9:36pm
    for every tiny half step forward... Doriath Send a private message to Doriath Sep 29 2010, 7:03pm
        It must be residual taint from Morgoth / Melkor reaching Eruonen Send a private message to Eruonen Sep 29 2010, 7:41pm
        My suggestion for the fans Kangi Ska Send a private message to Kangi Ska Sep 29 2010, 9:40pm
            agreed.. Hobbitonmayor Send a private message to Hobbitonmayor Sep 30 2010, 12:41am
    What about Spyglass ? Rogash Send a private message to Rogash Sep 30 2010, 3:45am
        The deal would be off.// Kangi Ska Send a private message to Kangi Ska Sep 30 2010, 3:49am
            So... Rogash Send a private message to Rogash Sep 30 2010, 3:54am
                No it is more complicated than that. Kangi Ska Send a private message to Kangi Ska Sep 30 2010, 4:26am
            Didn't we just leave this party? Pipe Dream Send a private message to Pipe Dream Sep 30 2010, 8:22am
    It would be interesting to see both things happen ... Elven Send a private message to Elven Sep 30 2010, 9:22am
        Haha... then it'd be shooting in MY backyard :) // Earl Send a private message to Earl Sep 30 2010, 9:47am
            Excellent! To really save on costs ... Elven Send a private message to Elven Sep 30 2010, 10:25am
                yes & merlwynd Send a private message to merlwynd Sep 30 2010, 10:34am
                Heehee... I like that... Earl Send a private message to Earl Oct 1 2010, 7:20am
                    and I ... Elven Send a private message to Elven Oct 1 2010, 1:24pm
    More speculation re Time Warner, Icahn etc Eruonen Send a private message to Eruonen Sep 30 2010, 7:21pm

 
 
 

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