Struggling MGM studio says it received several offers of support; review to take several weeks

MGM studio says has received several rescue offers

LOS ANGELES — Struggling Hollywood studio Metro-Goldwyn-Mayer says it has received several offers to acquire it or keep it operating as a standalone company and that it will take several weeks to evaluate them.

The offers were due Friday, but the company extended the process until Monday.

Six companies made nonbinding proposals to MGM in January, but fewer than that remain in the running.

It’s not clear which companies submitted offers, but likely bidders included Time Warner, Lions Gate, Access Industries, News Corp. and Qualia Capital.

MGM also says it is seeking the approval of lenders to put off debt and interest payments due this month and next as it works on a recovery plan.