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Studio behind James Bond to be sold for $425M

Posted online July 28, 2016 | 11:26 am

The studio behind James Bond and Harry Potter films is preparing for a buyout.

United Kingdom-based Pinewood Group agreed to a $425 million buyout by asset management firm Aermont Capital.

Pinewood had been shopping around for a buyer since February as it looked to raise money to expand operations.

Read more from CNNMoney.

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