Goldwyn-Heritage Merger Proposed: The Samuel Goldwyn Co....

Goldwyn-Heritage Merger Proposed: The Samuel Goldwyn Co. has proposed a possible merger with Heritage Entertainment Inc., whose holdings include more than 80 movie theaters. The plan calls for Heritage to issue at least 90.8 million shares to Goldwyn stockholders in return for their Goldwyn stock. Goldwyn is a film and television production company. Its recent products include television’s “American Gladiators” and the feature film “Longtime Companion.”