Pathe, which acquired the studio last year for $1.3 billion, has been having trouble obtaining financing.
The studio was subsequently saved from closure, with a new owner acquiring the studio in August 2012.
In 1943 Robert R. Young, a railroad magnate who also owned the American Pathé film processing laboratory, acquired the studio.
By 1965, when Gulf and Western acquired the studio, Mr. Davis had climbed to the job of assistant to the president.
In 1917, Willis and Inglis acquired the studio and rented space for use by independent producers.
In the fall of 2000, Swedish electronic entertainment company Vision Park acquired the studio.
AEBN acquired the studio in 2011 and currently owns it.
MGM originally set Friday, January 15, as the deadline to receive bids from the companies interested in acquiring the studio.
Lane acquired the studio in 1972.
Electronic Arts, Bullfrog's publisher, acquired the studio in January 1995.