Cinergi stockholders OK Disney sale

Cinergi Pictures Entertainment stockholders have approved the sale of most of the company’s assets to the Walt Disney Co.

The special stockholder votes last week also completed the sale of most of the films in the company’s library to Disney. The company’s rights to “Die Hard With a Vengeance” went to 20th Century Fox Film Corp.

Under terms of the buyout approved Wednesday, stockholders will receive $2.52 per share of Cinergi stock.

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