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Canada’s Cineplex Movie Theatre Chain Sues Over Aborted Takeover

MEDIA Posted: July 7, 2020 2:01 pm

On June 12, the U.K.-based cinema giant had called off its planned $2.1 billion takeover of Cineplex, which would have created one of the world’s largest cinema companies with more than 11,200 screens globally. Cineplex, as a once friendly takeover attempt has hit the rocks, claimed that Cineworld “breached its contractual obligations and its duty of good faith and honesty.” – The Hollywood Reporter

MEDIA Published: 07.07.20

Read the story in The Hollywood Reporter Published: 07.07.20

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