Orrick Leads Hackman-Backed Investor In Culver Studios Buy

Law360, New York (March 5, 2014, 7:31 PM EST) -- An investor sponsored by private equity firm Hackman Capital Partners has acquired Los Angeles' historic Culver Studios for more than $85 million, a source close to the deal said Wednesday.

The investor syndicate snagged the historic television and film studios in a deal that took place last month but was only made public this week and is expected to close soon.

While rumors had swirled in the local press that Hackman Capital planned to turn at least part of the landmarked property into condominiums, potentially closing...
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