Three years after paying $413 million for old-line textile maker Cannon Mills, Los Angeles businessman David H.
Cannon Group Inc., Hollywood, said it reached agreement on a new $65-million revolving credit facility led by First National Bank of Boston.
Cannon Group said it will temporarily lower the exercise price of certain warrants to $20 from $25
The Securities and Exchange Commission is inquiring about the way Cannon Group accounts for its
International, the giant communications conglomerate and parent of Showtime/The Movie Channel, and the Cannon Group, the fast-growing independent movie producer.
Richard M. Cannon has joined the Watson Land Co., Los Angeles, as executive vice president.
Films beginning production this week: UNDERCOVER (Cannon Films). Shooting in L.A. and Louisiana.
On paper, December looked good for Cannon Films.
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last May against Cannon Group and its top officers, Menahem Golan and Yoram Globus.
Federal regulators have expanded an informal inquiry into Cannon Group into a sweeping formal
The chief financial officer of Cannon Group has resigned after working just five months for the
A Cannon Group stockholder, whose shares plunged 65% in market value since he bought them Nov. 3
About 25 employees have been dismissed from the Cannon Group Inc., and the financially troubled
Films going into production: BARFLY (Cannon Films). Shooting in L.A.