MGM, Studio Behind James Bond Franchise, Mulls Sale

MGM Holdings, Inc., the parent of Metro-Goldwyn-Mayer Studios Inc. that is behind the "James Bond" franchise, is mulling a sale, the Wall Street Journal reported, citing people familiar with the matter. The Beverly Hills-based media company, majority owned by New York hedge fund Anchorage Capital Group, has engaged investment banks Morgan Stanley and LionTree LLC to find a buyer.