Ventura Entertainment Group became the latest independent...

Ventura Entertainment Group became the latest independent producer to enter a bid for the assets of De Laurentiis Entertainment Group, which has been in Chapter 11 proceedings in U.S. Bankruptcy Court. Harvey Bibicoff, chairman and chief financial officer of Los Angeles-based Ventura, valued his firm’s bid at $35 million, including a “major portion” in cash and the rest in stock. The bankruptcy court must approve any DEG asset sale.