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December 25, 1990 | JOHN LIPPMAN, TIMES STAFF WRITER
NHI Nelson Holdings International Inc., ending months of speculation that it would divest its highly leveraged film subsidiary, said Monday that it had a letter of intent to sell Nelson Entertainment Group Inc. to New York financier Stephen C. Swid for $30 million plus the assumption of $186 million in debt and other liabilities.
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BUSINESS
December 25, 1990 | JOHN LIPPMAN, TIMES STAFF WRITER
NHI Nelson Holdings International Inc., ending months of speculation that it would divest its highly leveraged film subsidiary, said Monday that it had a letter of intent to sell Nelson Entertainment Group Inc. to New York financier Stephen C. Swid for $30 million plus the assumption of $186 million in debt and other liabilities.
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