Classics International Entertainment verifies current negotiations with Sears Roebuck & Co.CHICAGO--(BUSINESS WIRE)--Dec. 19, 1994--Classics International Entertainment, Inc., in response to inquiries, confirmed today that the company is engaged in serious discussions with Sears Roebuck and Company concerning a possible joint venture between the two companies. No agreement has been reached at the present time and CIE (Commission Internationale de l'Eclairage, International Commission on Illumination, Vienna, Austria, www.cie.co.at) An international organization that sets standards for all aspects of lighting and illumination, including colorimetry, photometry and the measurement of visible and released no additional details, citing the sensitivity of the negotiations. ``It is not the policy of CIE to release information concerning pending negotiations, however we're compelled to confirm the existence of these particular negotiations due to inquiries from outside the company,'' said CIE Chairman of the Board Richard Berger. Classics International Entertainment, Inc., headquartered in Chicago, is the parent company of Moondog's, the chain of comic book comic book Bound collection of comic strips, usually in chronological sequence, typically telling a single story or a series of different stories. The first true comic books were marketed in 1933 as giveaway advertising premiums. and pop culture stores, and First Classics, Inc., publisher of Classics Illustrated graphic novels and several other comic book titles and characters. Classics International Entertainment, Inc. is publicly traded on the SmallCap market of the Nasdaq stock market Nasdaq stock market The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies. under the symbol CIEI CIEI Center for International Environment Information (USA) . Interested parties may obtain additional information on Classics International Entertainment, Inc. by contacting CIE's investor's communications department at 800/569-CIEI (2434). CONTACT: Channel Marketing, Chicago Lisa Sutton Sutton, outer borough (1991 pop. 164,300) of Greater London, SE England. It is mainly residential, but plastics, chemicals, radio components, and paper goods are produced. The areas of Sutton were mentioned in the Domesday Book. , 312/943-5300 |
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