MGM Announces Plans to Go Public

MGM has announced that it is considering going public.

In a press release MGM Holdings said that it had submitted a “draft registration statement” for a possible initial public offering to the U.S. Securities and Exchange Commission. MGM was required to make this announcement by U.S. law.

While the initial filing does not tie the company to an IPO, the move has been anticipated by industry experts ever since the studio emerged from bankruptcy in 2010.