New Visions Entertainment said its production subsidiary...
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From Times Staff and Wire Reports
New Visions Entertainment said its production subsidiary has initiated arbitration proceedings against Cineplex Odeon, claiming Cineplex has refused to participate in the companies’ 25-film, five-year production joint venture beyond the first five films . . . McCaw Cellular Communications Inc. has completed its tender offer for 21.9 million shares of Lin Broadcasting Corp., giving McCaw ownership of a 51.9% interest in Lin on a fully diluted basis.
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