Cineworld

Deal Creates Largest Movie Operator in North America

December 23, 2019 James Heinsman Company Spotlight

Britain-based Cineworld is taking over Canada’s Cineplex Inc in a deal valued at $2.1 billion. The merger will create the largest cinema operator in North America. Cineworld offered US$25.56 (C$34) per share for the Toronto-based Cineplex, that is 42% more than its closing price before the weekend. Cineworld shares climbed by 1.4% in early trading. […]

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Britain, Canada, Cineplex, Cineworld,

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