Disney (DIS) is close to a deal to sell its Miramax film studio to construction tycoon Ron Tutor...

|By:, SA News Editor

Disney (DIS) is close to a deal to sell its Miramax film studio to construction tycoon Ron Tutor and investment firm Colony Capital for up to $700M in cash. An agreement is expected within a week, bringing an end to Disney's months-long attempt to sell the studio to various bidders.