Duo say MGM bid submitted

Bernard Cornfeld and Giovanni Di Stefano claim they submitted their $ 500 million cash bid to buy MGM from owner Credit Lyonnais Friday. They say that bid was submitted to the French bank’s offices in Paris and New York and received a favorable response. However, a bank spokesman called their claims “absolutely untrue,” saying no offer had been received and that no CL official had been contacted.

More Biz

  • Mandatory Credit: Photo by AP/REX/Shutterstock (9178399b)Hillary

    Hillary Clinton Talks Russia, Trump, Putin and Midterm Elections at NYC Festival

    Bernard Cornfeld and Giovanni Di Stefano claim they submitted their $ 500 million cash bid to buy MGM from owner Credit Lyonnais Friday. They say that bid was submitted to the French bank’s offices in Paris and New York and received a favorable response. However, a bank spokesman called their claims “absolutely untrue,” saying no […]

  • Richard Simmons

    Prosecutors Charge Private Eye With Illegal Spying on Richard Simmons

    Bernard Cornfeld and Giovanni Di Stefano claim they submitted their $ 500 million cash bid to buy MGM from owner Credit Lyonnais Friday. They say that bid was submitted to the French bank’s offices in Paris and New York and received a favorable response. However, a bank spokesman called their claims “absolutely untrue,” saying no […]

  • Lionsgate General Counsel Left Amid Allegations

    Lionsgate General Counsel Left Amid Allegations of Sexual Abuse

    Bernard Cornfeld and Giovanni Di Stefano claim they submitted their $ 500 million cash bid to buy MGM from owner Credit Lyonnais Friday. They say that bid was submitted to the French bank’s offices in Paris and New York and received a favorable response. However, a bank spokesman called their claims “absolutely untrue,” saying no […]

  • 'Hammerhead' Takes Top Honors at New

    'Hammerhead' Takes Top Honors at New York Television Festival

    Bernard Cornfeld and Giovanni Di Stefano claim they submitted their $ 500 million cash bid to buy MGM from owner Credit Lyonnais Friday. They say that bid was submitted to the French bank’s offices in Paris and New York and received a favorable response. However, a bank spokesman called their claims “absolutely untrue,” saying no […]

  • Radiohead Coachella

    Radiohead Demands Answers in Drum Technician's Death

    Bernard Cornfeld and Giovanni Di Stefano claim they submitted their $ 500 million cash bid to buy MGM from owner Credit Lyonnais Friday. They say that bid was submitted to the French bank’s offices in Paris and New York and received a favorable response. However, a bank spokesman called their claims “absolutely untrue,” saying no […]

  • Kevin Durant LeBron James

    Kevin Durant Praises LeBron James' Lakers Move

    Bernard Cornfeld and Giovanni Di Stefano claim they submitted their $ 500 million cash bid to buy MGM from owner Credit Lyonnais Friday. They say that bid was submitted to the French bank’s offices in Paris and New York and received a favorable response. However, a bank spokesman called their claims “absolutely untrue,” saying no […]

More From Our Brands

Access exclusive content