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OTHER NEWS

From Times Staff and Wire Reports

Clios May Be Sold: A Chicago-based investment group has tentatively agreed to purchase the troubled Clio Awards advertising show and competition. Ruth Ratny, owner of the film production publication Screen magazine, said she has signed a letter of intent with Clio owner Bill Evans that gives her group 75 days to inspect Clio’s financial records and complete the deal. She declined to identify her partners. This year’s Clio Awards show for TV commercials was canceled when Clio officials were unable to pay their bills.


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