TUTOR PUTS UP $40 MILLION; MIRAMAX DEAL SHOULD CLOSE SOON
July 29, 2010 by admin · Leave a Comment
Responding to a put-up-or-shut-up demand by Disney, construction magnate Ron Tutor and his partners on Wednesday agreed to pay Disney a nonrefundable $40 million as a down-payment on their reported $675-million deal to buy Miramax. Several analysts indicated that the deal could be completed today (Thursday) or on Friday.
