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Gold/Mining/Energy : Loews Cineplex Entertainment (LCX) (was CPX) -- Ignore unavailable to you. Want to Upgrade?

To: musicguy who wrote (223)	5/14/1998 4:59:00 PM
From: kentoo	Read Replies (1) \| Respond to of 295

newsalert.com I dont know why the news reference goes to a CBS quote screen, but there is some type of news out there Still looking for it Ken

To: musicguy who wrote (223)	5/14/1998 4:59:00 PM
From: Tummus1	Respond to of 295

You can find 3 cpx press releases here: cbs.marketwatch.com Unfortunately they are only 1 liners TW

To: musicguy who wrote (223)	5/14/1998 5:02:00 PM
From: Larry Voyles	Read Replies (1) \| Respond to of 295

Here ya go: Cineplex Odeon, Loews Theater Close $1B Merger Dow Jones Newswires NEW YORK -- Cineplex Odeon Corp. (CPX) completed its $1 billion merger with Sony Corp.'s (SNE) Loews Theatres Exhibition Group to form Loews Cineplex Entertainment Corp. In a press release Thursday, the movie-theater chains said the new company will begin trading Friday under the symbol LCP on the New York Stock Exchange and the symbol LCX on the Toronto exchange. Travis Reid was named president of the new company's U.S. operations and John J. Walker was named senior vice president and chief financial officer. Loews Cineplex has obtained a $1 billion senior credit facility, to be used to finance the deal and for other working capital needs. Reid was formerly president of Loews Theatres and Walker was formerly senior vice president, finance for Loews. As a result of the merger, Sony Pictures Entertainment owns 51.1% of Loews Cineplex's shares, representing a 49.9% voting stake. Universal Studios owns 26%, after a cash contribution of $84.5 million. Trusts for the Charles Rosner Bronfman Family own 9.6% and Cineplex Odeon's public shareholders own the remaining 13.3% of the new company. Cineplex Odeon shareholders received one Loews Cineplex share for every 10 Cineplex Odeon shares they held. Loews Cineplex has about 45.2 million shares outstanding. Loews Cineplex also named John C. McBride Jr. as senior vice president and general counsel, Mindy Tucker as corporate vice president of strategic planning and secretary, and Joseph Sparacio as vice president, finance and controller. McBride was most recently senior vice president, legal affairs for Sony Pictures Entertainment. Tucker was formerly senior vice president of develop and planning and vice president of business development at Sony Retail Entertainment. Sparacio was most recently vice president, finance and controller at Loews Theatres. Loews Cineplex will have headquarters in New York City, with Canadian headquarters in Toronto.