OTHER NEWS - Sept. 10, 1991
Animation Studio Said to Be on Block: DIK Enterprises Inc., a Burbank animation studio that produces such cartoon shows for the networks as “Hammerman” and “Prostars,” is said to be in negotiations to be sold to Polygram NV for about $30 million, according to industry sources. MCA Inc. had been in discussions to buy DIK until talks broke off last month. DIK was acquired in a leveraged buyout in 1987 from Radio Television Luxembourg for about $65 million in a deal financed by Prucapital. DIK and Polygram would not comment.
For the record:
12:00 a.m. Sept. 11, 1991 For the Record
Los Angeles Times Wednesday September 11, 1991 Home Edition Business Part D Page 2 Column 6 Financial Desk 1 inches; 16 words Type of Material: Correction
DIC Enterprises--DIC Enterprises Inc., a Burbank-based animator, was incorrectly spelled in Monday’s editions.
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