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Canada's Rainmaker Entertainment Nixes Deal to be Acquired by China's Xing Xing Digital Corp.

The Hollywood Reporter states that Canadian animation studio Rainmaker Entertainment has scuttled a deal to be acquired by China’s Xing Xing Digital Corp. after the two companies could not close the transaction before the  deadline of September 14, 2012. Rainmaker is currently producing the feature film Escape from Planet Earth for the Weinstein Company along with original properties and direct-to-DVD movies for Mattel.

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