Hedge Fund Gets ‘Terminator’ Rights
At last the battle between the Lion and Tiger ended with the Hyena taking away the kill! Terminator franchise has been awarded to the hedge fund Pacificor for $29.5 million while it outbid the other giants Lionsgate and Sony. The battle was long drawn but Halycon Holding Corp accepted the bid from Santa-Barbara based Pacificor even after it had filed a lawsuit against the hedge fund labeling serious charges like extortion, fraud and bribery. Now, Pacificor has to wait for the federal bankruptcy court’s acceptance to move ahead with the other legalities. But we do not need to wait – nothing new is going to come out from the franchise.
Source: Deadline
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February 11th, 2010 at 3:31 am
‘But we do not need to wait – nothing new is going to come out from the franchise.’ – I’m sorry but I do not quite understand this last remark – could you explain what do you mean?