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ORION PICTURES TO NEGOTIATE WITH OTHER PARTIES

 ORION PICTURES TO NEGOTIATE WITH OTHER PARTIES
 NEW YORK, April 21 /PRNewswire/ -- The Official Creditors Committee


of Orion Pictures Corporation (NYSE: OPC) announced today that New Line Cinema Corporation (AMEX: NLN) had not been able to provide terms acceptable to the committee. Therefore the committee is continuing negotiations with other parties and is exploring other ways to realize the full value of Orion.
 -0- 4/21/92
 /CONTACT: Lawrence M. Handelsman, 212-806-5426, or Wilbur L. Ross, 212-757-6000, both for Orion Pictures/
 (OPC) (NLN) CO: Orion Pictures Corporation; New Line Cinema Corporation ST: New York IN: ENT SU:


PS -- NY116 -- 0990 04/21/92 21:19 EDT
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Apr 21, 1992
Words:106
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