Miramax Suitors Line Up as Sale Talks Move Forward

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Miramax Suitors Line Up as Sale Talks Move Forward
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MGM, Lionsgate, Viacom and Sony have all kicked the tires in recent weeks for either an outright purchase or a significant stake, say sources.

, include MGM, Lionsgate, Viacom and Sony, all of which have kicked the tires in recent weeks for either an outright purchase or a significant stake, say sources.The Wall Street JournalJune 6, now looking to sell as much as 50 percent of the studio in a deal that would value it at $650 million . Carlos Jimenez at investment bank Moelis is spearheading the potential deal.

A company like MGM or Lionsgate, for instance, could mine the 700-plus film library and such franchises as, or use Miramax as a deep-pocketed film and TV pipeline, à la New Regency at Fox.

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