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 ...
The second-largest exhibitor in the world had previously targeted to do so "by mid-year." By Georg Szalai Global Business Editor Cineworld had filed for Chapter 11 bankruptcy protection in September ...
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 ...
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 ...
Cineworld said on Friday that it will suspend its listing on the London Stock Exchange as part of plans to restructure its business and accounts to reduce heavy debt. The company revealed last month ...
As Regal parent Cineworld prepares to exit Chapter 11 this month, rumors are heating up over who will emerge as the giant theater chain’s new chief executive, with reports Monday pointing to Eduardo ...
The top management of multinational cinema chain Cineworld are to receive up to $35 million to exit the company as it emerges from Chapter 11 proceedings, according to a report. The company’s ...
Cineworld’s share price slumped on Monday as it announced a multi-billion-dollar restructuring package in an effort to stave off bankruptcy. At 2.1p per share the leisure chain was 28% lower in ...
CHICAGO, ILLINOIS – SEPTEMBER 07: A sign hangs outside of a Regal Cinemas location on September 07, 2022 in Chicago, Illinois. With movie ticket sales failing to rebound to their pre-pandemic levels, ...
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