Magazine article Variety

For Sale: Avi Lerner's Millennium on the Block

Magazine article Variety

For Sale: Avi Lerner's Millennium on the Block

Article excerpt

By RACHEL ABRAMS

Avi Lerner has officially hung out the "for sale" sign on his distribution shingle Millennium Entertainment after a potential deal to unload the company fell through earlier this year.

Lerner, whose firm Nu Image owns 60% of Millennium, hired boutique investment bank and advisory firm Salem Partners last week to shop the company, a person Close to the transaction confirmed. …

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