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PATHE COMMUNICATIONS BOARD COMMITTEE ANNOUNCES ENGAGEMENT OF FINANCIAL ADVISOR

 PATHE COMMUNICATIONS BOARD COMMITTEE
 ANNOUNCES ENGAGEMENT OF FINANCIAL ADVISOR
 CULVER CITY, Calif., April 28 /PRNewswire/ -- The Special Committee of the board of directors of Pathe Communications Corp. (NYSE: PCC) today announced it has engaged Lazard Freres & Co. as its financial advisor in connection with the recently announced foreclosure by Credit Lyonnaise Bank Nederland, N.V., on the MGM stock held by Pathe.
 Pathe is the holding company for MGM, which is involved in the worldwide production and distribution of motion picture and television programs and the operation of theater chains in Europe.
 -0- 4/28/92
 /CONTACT: Craig A. Parsons of Pondel Parsons & Wilkinson, 310-207-9300, for Pathe Communications/
 (PCC) CO: Pathe Communications Corp.; Lazard Freres & Co.; Credit Lyonnaise
 Bank Nederland, N.V. ST: California IN: ENT SU:


JL-KJ -- LA044 -- 4103 04/28/92 18:33 EDT
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Publication:PR Newswire
Date:Apr 28, 1992
Words:136
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