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Cineworld Group, the owner of Regal Cinemas, is preparing to file for Chapter 11 bankruptcy protection in the U.S., the Wall Street Journal reported on Friday. Executives at Cineworld in a ...
Movie theater chain Cineworld Group on Monday announced a bankruptcy settlement with its landlords and lenders, clearing the way for the company to borrow an additional $150 million and make a $1 ...
He and others said Cineworld is eyeing bankruptcy because it way over-levered its balance sheet with Regal, which it acquired in 2017 for $3.6 billion – meaning this is sort of company specific.
Britain's Cineworld filed for bankruptcy protection in the United States on Wednesday, as the world's second-largest cinema chain operator struggles to rein in its massive debt. The Chapter 11 ...
Yahoo Finance Live anchors discuss the latest news in the movie theater industry after Regal Cinemas parent company Cineworld filed for bankruptcy in the U.S.
The Chapter 11 filing, which allows firms to stay in business while trying to restructure their debt, involves Cineworld's U.S., UK and Jersey operations, covering the bulk of its business.
After reports last week saying that debt-laden exhibition giant Cineworld was considering bankruptcy, the group has issued a statement revealing a possible Chapter 11 filing in the U.S. “In ...
Debt-laden cinema exhibition giant Cineworld group says that it has reached an agreement with its creditors that could represent a pathway out of Chapter 11 bankruptcy proceedings. Cineworld owns ...