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First Look president Vitale exiting


March 15, 2007 First Look was close to finalizing a deal for what would have been this year's first South by Southwest Film Festival theatrical film acquisition, David Mackenzie's British drama "Hallam Foe," before it fell through. First Look said: "The board of directors of First Look Studios accepted Vitale's resignation with regret and expressed appreciation for her contributions to the company, her professionalism and leadership." Prentice Capital Management was a founding investor, and the company secured an $80 million, three-year credit line from Merrill Lynch in June.

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