Roanoke Times Copyright (c) 1995, Landmark Communications, Inc. DATE: MONDAY, July 26, 1993 TAG: 9307260099 SECTION: NATIONAL/INTERNATIONAL PAGE: A-2 EDITION: METRO SOURCE: DATELINE: CULVER CITY, CALIF. LENGTH: Short
Credit Lyonnais officials also said the bank would make at least $210 million available to jump-start MGM's United Artists operations.
The virtual collapse of what once was a leading Hollywood studio has spawned fraud and racketeering lawsuits and countersuits between Credit Lyonnais and former MGM owner Kirk Kerkorian. The FBI is conducting a criminal investigation.
- Associated Press
by CNB