Ron Tutor, co-owner of Miramax, will try to unload his “movie interests” in the coming weeks, he told analysts Friday on an earnings call for his construction company Tutor Perini.
An analyst asked Tutor, a billionaire thanks to his construction business, about his recent sales of Tutor Perini stock. In response, he mentioned divesting some of his film holdings.
"God willing, I am probably a week to 10 days away from executing and selling my movie interests,” Tutor said. “If for any reason that — awful as it might sound — doesn't go through — I probably have another stock sale in June or July."