Halycon has found a bidder (at last) for their biggest asset Terminator! According to the sources in the Hollywood, Halcyon has chosen stalking horse bidder Lionsgate. Though the meaning of this term is not clear to many of us but there is a rumor that the production house must have bid somewhere around 25 million dollar to bag the rights for the franchisee. Halycon was declared bankrupt about six months back and the bid for its franchisee is being seen as a last ditch effort to settle a few dues. There are bound to other bidders but the chance of Lionsgate ending up with the deal is quite strong.

Source: SciFiSquad

Related posts:

• ‘Terminator’ Has Another Suitor
• Hedge Fund Gets ‘Terminator’ Rights
• Gale Anne Hurd Would Love To Produce Another ‘Terminator’
• ‘Pride and Prejudice and Zombies’ Gets A New Director
• Genius mash-up of The Terminator and Back to the Future
• That animated Terminator movie? Lawyers say, not so fast!
• It’ll be back—new Terminator movie one step closer
• An Open Letter to the Terminator Owners
• ‘Terminator’ Franchise On The Auction
• Judge Awards Halcyon Relief to Make ‘Terminator 5′