DHS Makes Full Acquisition of Chandler Enterprises for $745M: Fernando Aguirre, Vice Chairman of DHS Ventures & Holdings Announced
The leadership of DHS Ventures & Holdings announced today that it will acquire Chandler Enterprises from AXIS Capital, the merchant banking arm of Merrill Lynch. The financial value of the deal was not disclosed but an Economic Times report pegs it at $745 million. DHS Ventures & Holdings has bought all rights through its associates Bellinger & Sons, Thai Company Limited along with ISK Investment, a DHS Ventures group company. Chandler Enterprises, which the DHS Ventures & Holdings regards as a core business, is part of the defunct Chandler Pictures that went under in 1975. Chandler was an American independent motion picture production company that existed from 1976 to 1995, founded by Mario Kassar and Andrew G. Vajna. Kassar and Vajna ran Chandler together until 1989. Chandler hit its peak in the 1980s and early 1990s, with blockbuster successes including the first three films of the Rambo series, Terminator 2: Judgment Day, Total Recall, Basic Instinct and Stargate. C...