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Thursday, February 9, 2012

Haddonfield firm raises $16M for Atlas Shrugged Part 2

Atlas Shrugged Part 2 Productions, Haddonfield, has raised $16 million toward the next installment of a movie version of the Ayn Rand capitalist drama, according to a filing with the Securities and Exchange Commission. 

John Aglialoro, boss of exercise-equipment maker Cybex International, runs the production company, as my colleague John Timpane wrote around the time Part 1 was released on Tax Day last year. As he noted, Aglialoro's fellow libertarian Rand fans and movie financiers include Comcast-Spectacor boss Ed Snider, a prospective Inquirer owner.

The group had filed to raise as much as $25 million, according to the SEC. See the filing via Villanova-based FormDs.com here.
Posted by Joseph N. DiStefano @ 10:36 AM  Permalink | Post a comment
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About Joseph N. DiStefano
Joseph N. DiStefano writes this blog to feed his PhillyDeals column in the Philadelphia Inquirer. Joe has been a member of Bloomberg LP’s New York Finance Team, wrote the book “Comcasted,” taught writing at St. Joseph’s University, and studied economics and history at Penn. Reach Joe at 215-854-5194 and JoeD@phillynews.com
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