Qintex Entertainment

Qintex Entertainment of Australia said its board has approved its $1-billion acquisition of the United Artists movie studio . . . The state attorney general's office Friday asked the 36-judge panel of the U.S. 9th Circuit Court of Appeals to reconsider a March 31 ruling that effectively allows American Stores to merge its Lucky-Alpha Beta operations . . . Noble Broadcast Group, San Diego, said it sold its two Boston radio stations, WKKU-AM and WSSH-FM,...

Financier Kirk Kerkorian may put MGM-UA Communications Co.'s TV unit up for sale, according to proxy material provided to shareholders voting on the planned sale of the United Artists movie studio. MGM shareholders are to vote Sept. 23 on the $600-million planned sale of United Artists to Australian-based Qintex Entertainment Inc.

Troubles continued for Australia's Qintex Australia Ltd. as its stock lost half its value and the Australian Stock Exchange suspended trading in the shares today following the bankruptcy filing of its U.S. affiliate Friday. The unwillingness of television tycoon Christopher Skase, head of Qintex, to reveal his company's exposure to the U.S. unit, Qintex Entertainment, led the Australian Stock Exchange to suspend trading in Qintex's Australian stock.