Appointing a U.K. administrator is the latest step as the exhibition giant looks to emerge from bankruptcy proceedings as part of a debt-for-equity transaction. By Etan Vlessing Canada Bureau Chief ...
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 ...
Movie theater operator Cineworld Group, which has 9,139 screens in 10 countries, has received approval from the U.S. Bankruptcy Court for the Southern District of Texas for “first day” relief related ...
Troubled cinema chain Cineworld is at “high risk” of default over the next year, according to RapidRatings, a company that assesses the finances of public and private companies. James Rogers is a ...
Following last week’s announcement, Cineworld officially will cease trading on the London Stock Exchange at 8 a.m. BST Tuesday. “As previously announced by Cineworld, the restructuring of the Group, ...
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 ...
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