Fox-Loew. Denied Nicholas M. Schenck, cinemagnate, President of Loew's, Inc. last January: "There has never been negotiation with Fox or anyone else, either corporation or individual, looking towards the sale of Loew's, Inc., or Metro-Goldwyn-Mayer."
Insisted William Fox, cinemagnate, President of Fox Theatres Corp.. in Manhattan, Feb. 27: "There is absolutely nothing to the report I have purchased Loew properties. I emphatically deny I am even conducting negotiations."
Last week was announced the acquisition by Cinemagnate Fox of Loew's, Inc., and its producing subsidiary, Metro-Goldwyn-Mayer Pictures Corp., bringing the estimated value of Fox...