Imagine Entertainment Enlists J.P. Morgan to Field Sale Offers
variety.comCynthia Littleton Business Editor Imagine Entertainment is in the market for suitors again now that leaders Ron Howard and Brian Grazer have tapped J.P.
Morgan to field incoming inquiries for the production company behind such distinctive hits as “A Beautiful Mind,” “Apollo 13,” “24” and “Friday Night Lights.” A representative for Imagine declined to comment Monday on a report in the Wall Street Journal on the hiring of J.P.
Morgan. A rep for the investment bank did not immediately return a request for comment. A source close to the situation notes that the process is in the early stages and was prompted by incoming calls to Howard and Grazer.
Imagine is one of the few sizable independent outfits that remain major players in film and TV. At a time of industry turmoil and rabid speculation about continued consolidation in Hollywood, heightened interest in Imagine is not a surprise.
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