June 6, 1990 |
In a deal that would effectively put it out of business if approved, Qintex Entertainment Inc., the bankrupt television production and distribution company, announced on Tuesday a plan to sell off assets worth more than $65 million in two separate transactions. Under the first deal, the company's entertainment holdings, including Hal Roach Studios Inc.
October 20, 1989 |
Qintex Entertainment Inc., an affiliate of the Australian firm facing a $50-million breach-of-contract and fraud lawsuit in the wake of its failed attempt to buy MGM-UA Communications Co., filed for protection under Chapter 11 of the Federal Bankruptcy Code, the company announced today. The company also sought Chapter 11 protection Thursday for two of its subsidiaries, Hal Roach Studios Inc. and Qintex Productions Inc., the company announced in a statement released this morning.
June 5, 1990 |
Qintex Entertainment Inc., a television production and distribution firm, will sell its operating assets for more than $65 million in two transactions, it was announced today. Beverly Hills-based Qintex Entertainment said in a statement that its board of directors had agreed to sell its entertainment assets to RHI Entertainment for $42.4 million. RHI Entertainment will receive the Qintex library, accounts receivable, development projects and other assets under the deal.
May 30, 1989 |
Qintex Entertainment Inc. said today it named David Evans president and chief executive officer of United Artists Corp. Qintex said the appointment is effective immediately and will be formalized after the completion this summer of its acquisition of United Artists. Qintex agreed on March 31 to acquire United Artists for about $1 billion. Evans was previously president and CEO of Qintex.