You will be redirected back to your article in seconds

New Line files with SEC to offer 2 million shares

As expected, New Line Cinema has filed paperwork with the Securities & Exchange Commission for a proposed public offering of 2 million common shares.

In addition, the company has granted to the underwriters an option to purchase up to an additional 300,000 shares to cover any over-allotments.

Morgan Stanley & Co., Donaldson, Lufkin & Jenrette Securities Corp., Furman Selz Inc. and Kidder, Peabody & Co. will manage the offering.

New Line expects to use the net proceeds from the offering for general corporate purposes, including the financing of its production and acquisition of new film projects. Initially all of the net proceeds will be used to reduce debt under the company’s credit facility.

More Biz

  • Harvey Weinstein ousted

    Weinstein Co. Adds Board Member to Navigate Bankruptcy Sale

    As expected, New Line Cinema has filed paperwork with the Securities & Exchange Commission for a proposed public offering of 2 million common shares. In addition, the company has granted to the underwriters an option to purchase up to an additional 300,000 shares to cover any over-allotments. Morgan Stanley & Co., Donaldson, Lufkin & Jenrette […]

  • Allison Mack

    'Smallville' Actress Allison Mack Arrested in Sex Cult Case

    As expected, New Line Cinema has filed paperwork with the Securities & Exchange Commission for a proposed public offering of 2 million common shares. In addition, the company has granted to the underwriters an option to purchase up to an additional 300,000 shares to cover any over-allotments. Morgan Stanley & Co., Donaldson, Lufkin & Jenrette […]

  • Harvey Weinstein

    Harvey Weinstein Still Seeking His Emails to Combat Sexual Assault Claims

    As expected, New Line Cinema has filed paperwork with the Securities & Exchange Commission for a proposed public offering of 2 million common shares. In addition, the company has granted to the underwriters an option to purchase up to an additional 300,000 shares to cover any over-allotments. Morgan Stanley & Co., Donaldson, Lufkin & Jenrette […]

  • ynon-kreiz

    Media Exec Ynon Kreiz Named CEO of Mattel

    As expected, New Line Cinema has filed paperwork with the Securities & Exchange Commission for a proposed public offering of 2 million common shares. In addition, the company has granted to the underwriters an option to purchase up to an additional 300,000 shares to cover any over-allotments. Morgan Stanley & Co., Donaldson, Lufkin & Jenrette […]

  • courtney braun

    Courtney Braun Named Head of Legal Affairs for Endeavor

    As expected, New Line Cinema has filed paperwork with the Securities & Exchange Commission for a proposed public offering of 2 million common shares. In addition, the company has granted to the underwriters an option to purchase up to an additional 300,000 shares to cover any over-allotments. Morgan Stanley & Co., Donaldson, Lufkin & Jenrette […]

  • Randall Stephenson

    AT&T-Time Warner Trial: Randall Stephenson Takes Stand and Defends Merger

    As expected, New Line Cinema has filed paperwork with the Securities & Exchange Commission for a proposed public offering of 2 million common shares. In addition, the company has granted to the underwriters an option to purchase up to an additional 300,000 shares to cover any over-allotments. Morgan Stanley & Co., Donaldson, Lufkin & Jenrette […]

More From Our Brands

Access exclusive content