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 ...
Khristopher J. Brooks is a reporter for CBS MoneyWatch. He previously worked as a reporter for the Omaha World-Herald, Newsday and the Florida Times-Union. His reporting primarily focuses on the U.S.
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, ...
Movie theater giant and Regal owner Cineworld has formally filed its recently unveiled reorganization plan to allow it to emerge from Chapter 11 bankruptcy in the near future, the company said early ...
Even more Cineworld cinemas are set to close as the company carries out a major restructuring plan. The British company is the world’s second-largest cinema chain after the American movie chain AMC ...