LOS ANGELES (Reuters) - Lenders for Hollywood studio Metro-Goldwyn-Mayer <MGMYR.UL> agreed to extend a debt forbearance to March 31, which gives the studio more time to find a buyer. The extension, which was expected, exempts the studio from interest payments. The amount was not disclosed. "The lenders took this action in support of the company's efforts to ...

Struggling movie studio Metro-Goldwyn-Mayer Inc. is looking for a buyer. The home of the James Bond and Pink Panther franchises said Friday it has begun to explore strategic options including "a potential sale of the company." In a statement, MGM also said its lenders have agreed to grant the company ...

Less than two months after hiring restructuring guru Stephen Cooper as a top executive, debt-laden Hollywood studio Metro-Goldwyn-Mayer Inc. said Thursday it received a brief respite from making interest payments on nearly $4 billion in debt. MGM said in a statement its lenders are allowing it to skip interest ...