General Cinema Extends Buyout Deadline: General Cinema...
From Times Staff and Wire Reports
General Cinema Extends Buyout Deadline: General Cinema Corp. kept alive its proposed $1.4-billion merger with Harcourt Brace Jovanovich Inc. by extending until Monday a deadline for Harcourt bondholders to surrender their bonds. General Cinema, based in Newton, Mass., said a bondholders committee asked for the extension--the third since the proposed merger was announced in January. Harcourt, a debt-laden publishing and insurance company, is based in Orlando, Fla.
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