Advertisement

New Offer for De Laurentiis: Roth-Stern Group...

Share

New Offer for De Laurentiis: Roth-Stern Group and a group of associated companies plan to present an offer to acquire DeLaurentiis Entertainment Group. The offer will be submitted today to DEG and its creditors committee in DEG’s reorganization under Chapter 11 of the U.S. Bankruptcy Code. The group said it intends to buy DEG in order to enhance the buyers’ film packaging and financing unit, the Stern-Herman organization. The purchase will be made through a newly formed company. The purchase price was not disclosed.

Advertisement