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Bloomberg: Cuban "Testing Waters" to Sell Magnolia & Landmark Theatres

Indiewire By Indiewire | Indiewire April 19, 2011 at 10:48AM

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.
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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.