MPD sale met by low-ball offers, says owner Fund
The proposed sale of Canadian film distributor Motion Picture Distribution LP (MPD) is mired by low-ball offers, according to Movie Distribution Income Fund, the publicly-traded entity which owns 49 per cent of MPD's limited partnership.Alliance Atlantis (AAC) owns the controlling 51 per cent. AAC is in the process of being sold to media company CanWest and US bank Goldman Sachs for US$2.3bn. While CanWest plans to take control of AAC's broadcast assets, Goldman ...
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