“F. & R.-Saxe Deal Announcement Seen”

Headline: “F. & R.-Saxe Deal Announcement Seen”

Minneapolis — Formal announcement of closing of the deal pooling Northwest Theaters (Finkelstein & Ruben) and Saxe Enterprises, is expected to be made at the F. & R. convention which gets under way here today.

While there have been denials made that the deal, which would bring under one banner around 180 Middle West Theaters, several Saxe officials are slated to attend the three-day convention here, and their presence is taken to indicate the deal will be announced.