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Rumor spurs Acclaim stock fall

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Acclaim Entertainment Inc. stock fell Wednesday on rumors that WMS Industries Inc., creator of the hit videogame, Mortal Kombat, will not renew a contract that allows Acclaim to re-package its games…

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Financial Briefs

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ValueVision Intl. Inc. said it plans to finance the acquisition of National Media Corp. through a private placement of units consisting of debt securities and warrants for ValueVision common stock. *…

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Panda sues Cannon

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The deal to pump life into Cannon Pictures has apparently fallen through, as would-be rescuer Panda Pictures filed a $ 20 million suit that accuses the indie of, among other things, lying about its…

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