Heritage Entertainment Inc. said it will acquire...

Heritage Entertainment Inc. said it will acquire Landmark Theatre Corp. for 1.5 million Heritage common shares, $2.97 million in cash and $409,000 in promissory notes. The acquisition is subject to shareholder ratification and the approval of both companies’ lenders. Heritage, a Los Angeles-based worldwide distributor of movie and television films to television, said the acquisition is expected to be completed early next year.