BUSINESS
June 3, 1999 | \o7 From Bloomberg News\f7
Todd-AO Corp., a post-production studio that worked on the movie "Titanic," said it hired Lazard Freres & Co. to advise it on a possible sale as its shares have fallen by a third in about 13 months. Los Angeles-based Todd-AO has won 18 Academy Awards and 21 Emmy Awards since its founding in 1952 by film producer Michael Todd. Its shares have declined since touching $13 on May 22, 1998. New York-based Lazard, one of the biggest U.S.