Mgm
You Only Sell Thrice
By ANDREW ROSS SORKIN
as Vegas
ALEX YEMENIDJIAN, the chairman and chief executive of Metro-Goldwyn-Mayer, was sitting at his private pool outside his high-roller villa at the Bellagio Hotel and Casino here last Monday. He had just struck a $5 billion deal to sell MGM, the Hollywood studio famous for its roaring-lion mascot and film franchises including James Bond, to Sony and a group of investors after an agonizingly long auction.
But he wasn't interested in talking about the deal. He wanted to discuss why he never wanted to sell the company in the first place and why his boss, the elusive billionaire Kirk Kerkorian, who controls MGM and has now bought and sold the studio three times since 1969, did not especially want to give it up, either.
"There is a perception out there that Kirk is a seller if somebody gives him a good price," said Mr. Yemenidjian, cutting a 007-like figure in a double-breasted blue blazer with a yellow silk handkerchief protruding......
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