TITLE

Credit Lyonnais firms plan to spin off MGM

PUB. DATE
March 1995
SOURCE
Hollywood Reporter;3/6/95, Vol. 336 Issue 14, p6
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports that Credit Lyonnais will spin off into a new company about $20 billion in non-core assets, such as film studio MGM Inc. and industrial and real estate shareholdings. Avoidance of further cash infusions from the French government; Acceleration of the bank's asset sales program.
ACCESSION #
9508150439

 

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