In addition, the Canadian court denied Cineworld’s counterclaim. “We are pleased that the Court found Cineplex acted properly throughout this difficult period in our history,” said Cineplex CEO Ellis ...
Britain’s Cineworld Group is on track to become North America’s biggest operator of movie theaters with its plan to buy Canada’s Cineplex Inc. for $1.6 billion. Cineworld, which already owns the ...
Canadian movie theater chain Cineplex Inc. has approached lenders to its bankrupt rival Cineworld Group PLC about reviving a potential merger with the U.K. company’s Regal Entertainment Group ...
The debt-laden exhibitor, led by CEO Moshe "Mooky" Greidinger, which recently filed for Chapter 11 bankruptcy in the U.S., also said third-quarter admissions have been "below expectations." By Georg ...
UPDATE with additional detail on investor call, 05:10 AM PST Monday December 16. PREVIOUS STORY, 23:34 PM PST Sunday December 15: Exhibition giant Cineworld, which acquired U.S. chain Regal Cinemas in ...
The cinema giant and Regal owner also unveils its other board members. By Georg Szalai Global Business Editor Cinema giant and Regal Entertainment owner Cineworld has successfully completed its ...
Cineworld has struck a deal with its creditors. If it goes through, the shares will likely be wiped out. But if it does not go through, there is still no reason to attach any value to the shares.
UK-based Cineworld appears set to remake the theatrical exhibition business in North America at a pivotal time, buying Cineplex, Canada’s biggest theater chain and the fifth-largest in North America, ...