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Entertainment Media Acquisition Corp

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BUSINESS
July 3, 1996 | Times Staff and Wire Reports
Entertainment / Media to Buy Distributor: The Beverly Hills company agreed to buy Overseas Filmgroup Inc. for about $24 million, including $3.5 million in debt. Closely held Los Angeles-based Overseas Filmgroup, with revenue last year of $21.7 million, acquires and distributes independently produced films in the U.S. and abroad. Shares of Entertainment/Media Acquisition Corp., which began trading in February 1995, most recently traded at $5.375.
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BUSINESS
July 3, 1996 | Times Staff and Wire Reports
Entertainment / Media to Buy Distributor: The Beverly Hills company agreed to buy Overseas Filmgroup Inc. for about $24 million, including $3.5 million in debt. Closely held Los Angeles-based Overseas Filmgroup, with revenue last year of $21.7 million, acquires and distributes independently produced films in the U.S. and abroad. Shares of Entertainment/Media Acquisition Corp., which began trading in February 1995, most recently traded at $5.375.
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