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NY - Colony Capital, the private equity owner of the Miramax library, is in preliminary talks to acquire a stake in Summit Entertainment, the studio behind the Twilight series, Bloomberg News reported, citing people with knowledge of the situation.our editor recommendsMiramax sold to Ronald Tutor, Colony CapitalMiramax Plans $142 Million Dividend Payment to OwnersLionsgate, Summit Re-Start Merger TalksRelated Topics•Twilight PHOTOS: 'Twilight': Behind the Scenes of the Saga's First Film Colony, led by Tom Barrack, could buy a Summit stake currently owned by hedge fund Rizvi Traverse Management and others, it said. The companies, however, are also discussing a possible combination of Summit and Miramax that could leave Summit management in charge, according to Bloomberg. Lionsgate has also held talks about acquiring Summit. A spokeswoman for Colony told Bloomberg that the company doesn't comment on speculation or rumor. A spokeswoman for Summit declined to comment. PHOTO GALLERY: View Gallery 'The Twilight Saga: Breaking Dawn -- Part 1' Black Carpet Premiere Arrivals PHOTO GALLERY: View Gallery 'Twilight': Behind the Scenes of the Saga's First Film Related Topics Lionsgate Miramax Films Twilight Summit Entertainment