Merrill Quot Merger Unlikely To Jeopardize Financing For Tom Cruise Quot Studio

In particular, the Hollywood Reporter speculated: MGM United Artists, which has a $ 500 million production facility with Merrill, has only one film on the immediate horizon - the Tom Cruise vehicle Valkyrie - and you might find in the face of questions Merrill difficult by new owners of Bank of America. In the wake of last Monday announcement that Bank of America would buy Merrill Lynch, some fear that Merrill new owners could jeopardize the $ 500 million credit for United Artists that Merrill raised last year.