Cannon Group said it would miss another...

Cannon Group said it would miss another interest payment on its bonds Sunday, one for $2.56 million, but that it would be paid during the 30-day remedy period. The troubled Hollywood film producer and theater operator missed an $11.7-million payment due to bondholders April 15, which it also said it would pay during the grace period before it is in default. Cannon is being taken over and reorganized by its major European stockholder, Giancarlo Parretti.