{"id":12277,"date":"2010-10-15T06:00:04","date_gmt":"2010-10-15T10:00:04","guid":{"rendered":"http:\/\/www.hughsnews.ca\/?p=12277"},"modified":"2010-10-14T16:53:55","modified_gmt":"2010-10-14T20:53:55","slug":"technicolor-completes-screenvision-sale","status":"publish","type":"post","link":"http:\/\/www.hughsnews.ca\/technicolor-completes-screenvision-sale-0012277","title":{"rendered":"Technicolor Completes Screenvision Sale"},"content":{"rendered":"<p><a href=\"http:\/\/www.hughsnews.ca\/wp-content\/uploads\/2010\/06\/Technicolor-Logo.gif\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-6882\" src=\"http:\/\/www.hughsnews.ca\/wp-content\/uploads\/2010\/06\/Technicolor-Logo.gif\" alt=\"\" width=\"200\" height=\"77\" \/><\/a>Technicolor announced that it completed the sale of the majority of its 50% stake in Screenvision US to Shamrock Capital Growth Fund II.<\/p>\n<p><!--more--><\/p>\n<p>For more information visit: <a href=\"http:\/\/www.technicolor.com\" target=\"_blank\">www.technicolor.com<\/a><\/p>\n<hr \/>\n<p>Unedited press release follows:<\/p>\n<p style=\"padding-left: 60px\"><strong>TECHNICOLOR : Technicolor completes the sale of its stake in Screenvision US to Shamrock Capital Growth Fund<\/strong><\/p>\n<p style=\"padding-left: 60px\">PARIS&#8211;(October 14, 2010) &#8211; Technicolor completes the sale of its stake in Screenvision US to Shamrock Capital Growth Fund<\/p>\n<p style=\"padding-left: 60px\">Paris (France), October 14, 2010 &#8211; Technicolor (Euronext Paris : FR0010918292 ; NYSE : TCH) today announced that it completed the sale of the majority of its 50% stake in Screenvision US to Shamrock Capital Growth Fund II. The terms of the deal are presented in the press release of September 27, 2010. The transaction proceeds of 60m$ will be applied to the Disposal Proceeds Notes issued as part of the financial restructuring closed in the first semester 2010. Technicolor retains a minority shareholding and will continue to be the provider of film and digital services to Screenvision.<\/p>\n<p style=\"padding-left: 60px\"><strong>About Technicolor<\/strong><br \/>\nWith more than 95 years of experience in entertainment innovation, Technicolor serves an international base of entertainment, software, and gaming customers. The company is a leading provider of production, postproduction, and distribution services to content creators and distributors. Technicolor is one of the world&#8217;s largest film processors; one of the largest independent manufacturers and distributors of DVDs (including Blu-ray Disc); and a leading global supplier of set-top boxes and gateways. The company also operates an Intellectual Property and Licensing business.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Technicolor announced that it completed the sale of the majority of its 50% stake in Screenvision US to Shamrock Capital Growth Fund II.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19,12],"tags":[3373,3374,52],"_links":{"self":[{"href":"http:\/\/www.hughsnews.ca\/wp-json\/wp\/v2\/posts\/12277"}],"collection":[{"href":"http:\/\/www.hughsnews.ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.hughsnews.ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.hughsnews.ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.hughsnews.ca\/wp-json\/wp\/v2\/comments?post=12277"}],"version-history":[{"count":3,"href":"http:\/\/www.hughsnews.ca\/wp-json\/wp\/v2\/posts\/12277\/revisions"}],"predecessor-version":[{"id":12280,"href":"http:\/\/www.hughsnews.ca\/wp-json\/wp\/v2\/posts\/12277\/revisions\/12280"}],"wp:attachment":[{"href":"http:\/\/www.hughsnews.ca\/wp-json\/wp\/v2\/media?parent=12277"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.hughsnews.ca\/wp-json\/wp\/v2\/categories?post=12277"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.hughsnews.ca\/wp-json\/wp\/v2\/tags?post=12277"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}