May 17, 2018
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Saban Capital Acquisition Corp., Panavision Inc. and Sim Video International Inc. have entered into a merger agreement to create a “global provider of end-to-end production and post-production services to the entertainment industry,” the companies announced.
Haim Saban is chairman and chief executive of Saban Capital Group Inc. and the creator of the Power Rangers brand.
2018 Wealthiest Angelenos
he chairman and chief executive of investment firm Saban Capital Group saw an increase in his wealth based largely on the value of his Saban Brands, which was tabulated before the May announcement that it has agreed to sell its Power Rangers and other entertainment brands to Hasbro Inc. for $522 million.