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Theater Group ATG Entertainment in Advanced Talks for $5.9 Billion Sale
Hollywood superagent Ari Emanuel is negotiating to acquire theater group ATG Entertainment. The proposed deal values the company at £4.5 billion. @business reported the development citing the Financial Times.
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Ari Emanuel is in advanced talks to acquire ATG Entertainment for £4.5 billion ($5.9 billion), @business reported, citing the Financial Times. Emanuel, identified as a Hollywood superagent, would gain control of the theater group if the transaction closes. The reported price reflects the latest valuation placed on ATG Entertainment during the negotiations.
No further details on timeline or financing were disclosed in the reporting.
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