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Harvey Entertainment completes acquisition of PM

The Harvey Entertainment Group has completed its acquisition of George Shamieh's PM Entertainment Group following the securing of a $25m, five year revolving credit facility from Chase Manhattan Bank.$15m of the funds have already been committed, enabling Harvey to complete the acquisition of 100% of the capital stock of PM, which has a library of over 150 films and 74 episodes of TV programming, for $10m. The purchase consisted of $6.5m in cash and $1.45m in Harvey Entertainment ...

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