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Relativty Owes Elliott Associates $137M

The giant New York hedge fund Elliott Associates, who helped to put Relativity Media on the map loaning the studio millions to start producing and distributing their own films, is scrambling to recover money in midst of Relativity’s bankruptcy filing. Elliot stands to lose as much as $137 million, plus interest. http://goo.gl/ryRCJM #EntertainmentBiz

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