LONDON -- Television Corp., the troubled U.K. independent production outfit behind such U.K. shows as Hamburg Cell and Channel Four Cricketand Forever Eden for Fox in the U.S., said Thursday it was considering a takeover bid after seeing its shares collapse in value over the last 12 months. The bid, believed to be from Welsh production house Tinopolis, comes three months after TVC issued a profits warning after its Los Angeles-based business failed to secure commissions. The West Coast office has since been closed. "The board of Television Corp. announces that it has received an approach that may or may not lead to an offer for the company," TVC told the London Stock Exchange in a regulatory filing. "The board has decided to undertake a full strategic review considering all of the options available."...
- 10/13/2005
- The Hollywood Reporter - Movie News
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