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What was the reported price of United Artists' acquisition by MGM in 1981?

  • $100 million

  • $250 million

  • $500 million

  • $350 million

Answer

In 1981, Metro-Goldwyn-Mayer (MGM) acquired United Artists for a reported price of $350 million, which is equivalent to $1.1 billion today. This acquisition marked a significant change in the company's ownership and structure.
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