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 ...
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 ...
Regal owner Cineworld has called off its planned $2.1 billion takeover of Canadian exhibitor Cineplex, which would have created one of the world's largest cinema companies with more than 11,200 ...
(Reuters) – Cineworld said on Monday it planned to make a counter-claim against Cineplex following the Canadian cinema chain’s legal action against the British group for damages after it scrapped a $1 ...
UPDATE with additional detail on investor call, 05:10 AM PST Monday December 16. Cineplex is Canada’s biggest operator with 165 cinemas and 1,695 screens. The exhibitor holds a 75% market share of box ...
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Earlier this week, Cineplex (CA:CGX), Canada’s largest ...
U.K. exhibition giant Cineworld Group has reached a deal to acquire Canada's Cineplex for $2.1 billion to create a company with more than 11,200 movie screens globally. By Georg Szalai, Abid Rahman ...
(RTTNews) - Cineplex Inc. (CGX.TO) said it has commenced legal action against Cineworld Group plc and 1232743 B.C. Ltd., seeking damages after Cineworld repudiated the agreement to acquire Cineplex at ...
Canada‘s Cineplex has initiated legal proceedings against Regal Cinemas owner Cineworld Group over its failed acquisition deal. Cineworld moved on June 12 to scrap its $1.6 billion acquisition of the ...
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 ...
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