The exhibitor and its creditors are looking to shop the company for sale or complete a reorganization via a debt-for-equity transaction. By Etan Vlessing Canada Bureau Chief Exhibition giant Cineworld ...
Cineworld Group has entered into “restructuring support” and “backstop commitment” agreements with its lenders that could help the Regal Cinemas owner emerge from Chapter 11 bankruptcy. The lenders ...
Movie theater giant and Regal owner Cineworld said on Thursday that it now expects to emerge from Chapter 11 bankruptcy in July. The second-largest exhibitor in the world had previously targeted to do ...
Exhibition giant Cineworld, which filed for Chapter 11 bankruptcy in the U.S. last September, has said it will not sell off any of its assets individually, and has clarified that neither it nor its ...
The owner of Regal Cinemas is having a tough time - its stock crashed as much as 80% Friday after reports that its parent company is preparing to file for bankruptcy, CNN reported. British company ...
Regal Cinemas owner Cineworld, which filed for Chapter 11 bankruptcy protection last year, said Friday that it expected shareholders to be wiped out entirely, meaning they should not expect to recover ...
Eric Foss is expected to become chairman of the board of NewCo. By Georg Szalai Global Business Editor Cineworld lenders have agreed to appoint Eduardo Acuna as CEO of the newly incorporated parent ...
Cineworld Group — the world’s second largest movie theater chain and owner of Regal Cinemas — said Wednesday that it has filed for Chapter 11 bankruptcy protection. The British company, which owns ...
People shelter from the rain under an umbrella outside a cineworld cinema in Leicester Square in central London. (Photo by JUSTIN TALLIS/AFP via Getty Images) Cineworld’s share price has collapsed ...
Regal owner Cineworld has entered into a restructuring support agreement and a backstop commitment agreement with lenders that will, if approved, see it emerge from bankruptcy. The exhibition giant ...
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