Snyder and Shapiro invest in Tom Cruise

Posted August 29, 2006, 9:29A | Contributed by Jeff

Heralding the start of an unusual entrepreneurial relationship, Tom Cruise and his producing partner said Monday they have joined forces with a new investment partnership that will fund the duo's production endeavors for the next two years. Their new deal is with Daniel Snyder, owner of the Washington Redskins; Dwight Schar, chairman of homebuilder NVR Inc.; and Mark Shapiro, president and CEO of Six Flags Inc., the amusement park chain where Snyder serves as chairman of the board.