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THE SAMUEL GOLDWYN COMPANY BEGINS TRADING ON THE AMERICAN STOCK EXCHANGE

THE SAMUEL GOLDWYN COMPANY BEGINS TRADING ON THE AMERICAN STOCK EXCHANGE
 NEW YORK, Dec. 9 /PRNewswire/ -- The American Stock Exchange announced today that The Samuel Goldwyn Company of Los Angeles, Calif., began trading its common stock and warrants. Trading on a "when-issued" basis under ticker symbol SG.WI, the stock opened on a quote of 7/8 (bid) to 1 (ask).
 The Samuel Goldwyn Company, a filmed entertainment company, is engaged primarily in the financing, production and distribution of feature length motion picture films. The company also finances and distributes television programming, licensed to cable markets and major U.S. and foreign television networks. Goldwyn currently distributes the action/game show "American Gladiators" to independent television stations throughout the U.S. and a number of foreign markets.
 Goldwyn recently acquired Heritage Entertainment, Inc., which filed Chapter 11 on Dec. 14, 1990. Upon effectiveness of the acquisition, as stated in Heritage's plan of reorganization, all unsecured creditors and shareholders of Heritage Entertainment became shareholders of The Samuel Goldwyn Company.
 The American Stock Exchange is the second largest securities exchange in the United States and the largest American exchange with significant markets in both equities and derivative products. Today, it is an international institution on the cutting edge of trading floor technology, new product development and expansion into world markets through system linkages and globally traded products.
 -0- 12/9/91
 /CONTACT: Lisa Neuner of American Stock Exchange, 212-306-2028/
 (SG.WI) CO: The Samuel Goldwyn Company ST: California IN: ENT SU: FC -- NY056 -- 0653 12/09/91 15:19 EST
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Publication:PR Newswire
Date:Dec 9, 1991
Words:258
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