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 ...
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, ...
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 ...
While Cineworld — the parent company of Regal Cinemas and other movie-exhibition chains — was filing for bankruptcy, IMAX was flexing. On Wednesday morning at 9:26 a.m. ET, IMAX announced it is ...
Cineworld plans to file its reorganization plan by Oct. 31, an attorney for the giant chain said today at a hearing. It also won’t be forced to state its case in a Canadian appeals court next month ...
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 ...
Cineworld, the owner of Regal Cinemas, confirmed on Monday it is considering filing for Chapter 11 bankruptcy in the U.S. and "associated ancillary proceedings in other jurisdictions" amid an ongoing ...
May 2 (Reuters) - Bankrupt movie theater chain Cineworld (CINE.L), opens new tab received U.S. court approval on Tuesday to raise $2.26 billion as part of its exit from bankruptcy, after reaching a ...
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 ...
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