Saturday, 20 December 2014
Last updated 22 hours 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.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.