colony capital

Walt Disney is calling on its Miramax suitor to pay up a nonrefundable $40 million deposit towards its purchase of the movie studio. A consortium of buyers led by California construction mogul Ron Tutor is currently conducting due diligence on the $675 million deal.

Just when the saga of Disney's attempt to sell financially troubled production company Miramax seemed to be settled, a new twist has added an unlikely suitor to the mix: actor Rob Lowe.

The FDIC found buyers for Atlanta's failed bankers' bank, Silverton, but none of Silverton's suitors wanted to pay enough for it. After analyzing the offers, the FDIC decided it would be less costly to shut the bank down than to accept the bids received. Bidders included the Carlyle Group with a...