More on Digital Domain (DDMG) bankruptcy: The company agrees to sell its main operating unit,...

|About: Digital Domain Media Grou... (DDMGQ)|By:, SA News Editor

More on Digital Domain (DDMG) bankruptcy: The company agrees to sell its main operating unit, Digital Domain Productions, to P-E firm Searchlight for $15M, although the deal is subject to other bids. Senior noteholders, led by Hudson Bay, will provide DDMG with up to $20M in debtor-in-possession financing. (PR)