Investment Firm Hikes Image Entertainment Stake
From States News Service
Image Investors, a Secaucus, N.J.-based investment firm, has acquired a 7.98% interest in Image Entertainment Co., according to a filing with the Securities and Exchange Commission.
The investment firm said it most recently bought 1.26 million common shares of the Hollywood-based distributor of movies on video disc and cable at 17 cents a share from the company under a stock purchase agreement.
The biggest entertainment stories
Get our big stories about Hollywood, film, television, music, arts, culture and more right in your inbox as soon as they publish.
You may occasionally receive promotional content from the Los Angeles Times.
