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Metro-Goldwyn-Mayer Inc. Has Jumped To A New High

(RealTimeTraders.com) - We alerted readers at 7:18 that the Daily Variety had reported that Metro-Goldwyn-Mayer Inc. (MGM) is involved in merger talks with Time Warner (TWX).

Metro-Goldwyn-Mayer Inc. gapped open higher Thursday and has broken out of today's range in the last 10 minutes, currently up 0.95 at $17.20 on above average volume. The stock has surged past a 6-week range and is now trading at a new 52-week high.

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