Por: Orlando Sentinel Nation January 03, 2023
Regal-owner Cineworld, the world’s second largest movie theater operator, has denied reports that it has been in talks with AMC, the world’s largest movie theater group, regarding the sale of its assets. Cineworld added that it intends to sell the group in its entirety, rather than break it up. As well as denying it was in discussions with AMC itself, Cineworld said that it “understands” that neither its lenders nor their advisers were... + full article
Forbes USA Business January 03, 2023
Photo by Matthew Horwood/Getty ImagesGetty Images Cineworld’s share price slumped before recoving ground on Tuesday as it quashed reports of talks with rival AMC Entertainment to sell some of its theatres. At 3.6p per share the leisure stock was trading 1.2% lower in New Year... + más
Cineplex seeks to revive Regal merger after Cineworld bankruptcy | Fox Business
Discussions with lenders about potential purchase of some Cineworld theaters 'are not continuing,' AMC says | Fox Business
CNBC USA Business December 22, 2022
In this articleAMC Movie theatreScott Mlyn CNBC's stock fell swiftly Thursday after the company announced a new $110 million capital raise and a proposed reverse stock split that will require shareholder approval.The shares were halted briefly after the opening bell as AMC... + más
AMC's meme-stock sales are approaching its total valuation | MarketWatch
Fox Business USA Business December 21, 2022
AMC Entertainment president and CEO Adam Aron explains the new class of securities and the complexities of its AMC preferred equity transaction on 'The Claman Countdown.' said Wednesday in a regulatory filing that discussions it had with certain Cineworld lenders about... + más
Regal blames lack of films for potential bankruptcy filing | Newsweek
MarketWatch USA Business November 09, 2022
The theater firm said its net loss widened to $226.9 million during the third quarter, which was less than the $238 million loss analysts polled by FactSet had forecast. The company’s revenue of $968.4 million beat the consensus estimate of $961 million. Though APE units... + más
AMC’s Q3 results on deck: Will the meme stock darling shake off concerns of a box office slowdown? | MarketWatch
AMC stock tumbles after reporting 12th consecutive quarterly loss | MarketWatch
Fox Business USA Business September 30, 2022
Check out what's clicking on FoxBusiness.com Canadian movie theater chain Cineplex Inc. has approached lenders to its Group PLC about reviving a potential merger with the U.K. company’s Regal Entertainment Group franchise, according to people familiar with the matter.... + más
Elizabeth Warren wants to let people erase student debt by declaring bankruptcy | CBS News
CNN USA Business September 26, 2022
New York CNN Business — Group — the world’s second largest movie theater chain and owner of — said Wednesday that it has filed for Chapter 11 bankruptcy protection. The British company, which owns more than 500 movie theaters across the United States, said... + más
Newsweek USA Business September 24, 2022
Movie goers might soon see some Regal Cinemas closing their doors. The popular theater, owned by Cineworld, is the latest cinema chain to consider filing bankruptcy as box office takings continue to plummet since the COVID-19 pandemic. The theater blames a lack of films as the... + más
Cineworld, the world's second largest movie theater chain, files for bankruptcy | CNN
Why movie theaters show so few films now | CNN
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