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by Indiewire
April 19, 2011 10:48 AM
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Bloomberg: Cuban "Testing Waters" to Sell Magnolia & Landmark Theatres

Mark Cuban has put both Magnolia Pictures and Landmark Theatres on the market, saying he's "just testing the waters," according to an article by Andy Fixmer and Jon Erlichman in Bloomberg today.

“We won’t sell unless the offer is very, very compelling," he told the publication.

Moelis & Co., a New York-based investment bank, is handling the auction, according to a person familiar with the situation.