MGM Studios Wins Judge's Approval of Plan to Convert Debt Into New Stock

Metro-Goldwyn-Mayer Studios Inc., distributor of the James Bond and Rocky movies, won court approval of its plan to reorganize by turning debt into stock of a new company.

To contact the reporter on this story: David McLaughlin in New York at dmclaughlin9@bloomberg.net

To contact the editor responsible for this story: Stephen Farr at sfarr@bloomberg.net

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