Business: Fox Out

The four-month battle for control of Fox Film and Fox Theatres companies (together the largest cinema enterprise in the world) last week ended with the decisive defeat of William Fox, who saw the direction of his companies pass into strange and hostile hands. To General Theatres Equipment. Inc., Mr. Fox sold 150,101 shares of Class B stock in his two companies—this block representing his personal holdings and including all the voting Theatres and a majority of the voting Film stock. As the major issue in the entire Fox litigation had been the possession...

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