TUTOR: DEAL STILL ON TO BUY MIRAMAX

Ron Tutor and his Colony Capital on Thursday attempted to shoot down numerous reports suggesting his $660-million deal to buy Miramax from Disney may have encountered a hitch with the departure of James Robinson from his investors group. Robinson was expected to contribute $100-150 million to the purchase. “All of the equity required to complete […]

NEW HITCH IN MIRAMAX SALE

Two principal investors in the deal to buy Miramax from Disney have pulled out, leaving the remaining two principals, construction magnate Ron Tutor and private equity firm Colony Capital, with the choice of either putting up all of the $660 million purchase price or bringing in other investors, the Los Angeles Times reported today (Thursday). […]