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BRIEF-Eldridge Industries says its affiliate terminated deal to sell Dick Clark Productions to Dalian Wanda
March 10, 2017 / 5:34 PM / 6 months ago

BRIEF-Eldridge Industries says its affiliate terminated deal to sell Dick Clark Productions to Dalian Wanda

March 10 (Reuters) - Eldridge Industries:

* One of its affiliates has terminated its agreement to sell dick clark productions to the dalian wanda group

* Eldridge’S affiliate terminated the agreement this week after WANDA “failed to honor” its contractual obligations

* Eldridge’S affiliate filed with Delaware Chancery Court to compel release of balance of escrowed funds

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