Thursday, 27 November 2014
Last updated 1 day ago
May 20 2011 | 1:13pm ET
Hedge fund Pacificor can no longer count on Arnold Schwarzenegger's return in the title role of the Terminator in the franchise's fifth film.
The former California governor has told his agents that he won't be making his much-ballyhooed return to Hollywood anytime soon in the wake of his revelation that he had a long-time affair—and a child—with his family's former housekeeper. Schwarzenegger's wife, Kennedy heiress and former TV anchor Maria Shriver, wasted no time after getting the news in hiring a divorce lawyer.
The news comes less than a week after Pacificor, which bought the rights to the Terminator franchise last year, sold them to Annapura Pictures for a reported $20 million. Schwarzenegger had reportedly signed on to star in the next film, which is being led by producer Robert Cort and director Justin Lin.
It is unclear whether Annapura and Pacificor will move forward with plans for the fifth movie without Schwarzenegger.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
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