You will be redirected back to your article in seconds

CPPC completes placement

Minneapolis-based Century Park Pictures Corp. announced yesterday that it has completed the private placement of $ 1.5 million in securities consisting of units containing two common shares and warrants for a two-year period to purchase two additional common shares.

In a press release, Century Park said the placement provides it with the operating capital to expand its present production activities and to move forward with “an aggressive acquisition program.”

“Watch where we are a year from now,” said Tom Scallen, Century’s chief executive officer, who cited lower prices are the momentum behind the company’s acquisition program in a telephone interview.

He said the company is interested in purchasing network-affiliated television stations and other entertainment properties. “There are oppportunities to do deals now that there weren’t two years ago,” he said.

More Biz

  • Randall Stephenson

    AT&T Begins PR Battle Against Justice Department From CNN News Room

    Minneapolis-based Century Park Pictures Corp. announced yesterday that it has completed the private placement of $ 1.5 million in securities consisting of units containing two common shares and warrants for a two-year period to purchase two additional common shares. In a press release, Century Park said the placement provides it with the operating capital to […]

  • AT&T

    Writers Guild of America West Backs Blocking AT&T-Time Warner Merger

    Minneapolis-based Century Park Pictures Corp. announced yesterday that it has completed the private placement of $ 1.5 million in securities consisting of units containing two common shares and warrants for a two-year period to purchase two additional common shares. In a press release, Century Park said the placement provides it with the operating capital to […]

  • Time Warner

    Justice Department Sues to Block AT&T-Time Warner Merger

    Minneapolis-based Century Park Pictures Corp. announced yesterday that it has completed the private placement of $ 1.5 million in securities consisting of units containing two common shares and warrants for a two-year period to purchase two additional common shares. In a press release, Century Park said the placement provides it with the operating capital to […]

  • Get Out

    'Get Out,' 'Detroit,' Issa Rae, Jay-Z, Mary J. Blige Among Top NAACP Image Award Nominees

    Minneapolis-based Century Park Pictures Corp. announced yesterday that it has completed the private placement of $ 1.5 million in securities consisting of units containing two common shares and warrants for a two-year period to purchase two additional common shares. In a press release, Century Park said the placement provides it with the operating capital to […]

  • Al Franken Kathy Griffin

    Al Franken Cut From PBS' David Letterman Special

    Minneapolis-based Century Park Pictures Corp. announced yesterday that it has completed the private placement of $ 1.5 million in securities consisting of units containing two common shares and warrants for a two-year period to purchase two additional common shares. In a press release, Century Park said the placement provides it with the operating capital to […]

  • Russell Simmons, Bret RatnerVANITY FAIR OSCAR

    Brett Ratner and Russell Simmons Accused of Working Together to Carry Out Sexual Misconduct

    Minneapolis-based Century Park Pictures Corp. announced yesterday that it has completed the private placement of $ 1.5 million in securities consisting of units containing two common shares and warrants for a two-year period to purchase two additional common shares. In a press release, Century Park said the placement provides it with the operating capital to […]

  • get out Oscar Race

    'Get Out' Awards Category Dilemma: Film Defies Easy Labels, Cast Says

    Minneapolis-based Century Park Pictures Corp. announced yesterday that it has completed the private placement of $ 1.5 million in securities consisting of units containing two common shares and warrants for a two-year period to purchase two additional common shares. In a press release, Century Park said the placement provides it with the operating capital to […]

More From Our Brands

Access exclusive content