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De Laurentiis Entertainment Group announced that Excoa...

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De Laurentiis Entertainment Group announced that Excoa Oil & Gas Inc. has said it intends to acquire a controlling interest in the Beverly Hills film firm. Excoa informed DEG management that it has begun to purchase DEG stock on the open market and intends to continue doing so. DEG said it is making a “preliminary evaluation of the terms of the acquisition proposal” and has asked Excoa for additional information.

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