The "first day" relief requested in a U.S. bankruptcy court is "expected to provide sufficient liquidity" for it "to meet its ongoing obligations." By Georg Szalai Global Business Editor A U.S.
Add Yahoo as a preferred source to see more of our stories on Google. The debt-riddled Regal Cinemas owner Cineworld Group on Wednesday filed for Chapter 11 bankruptcy in the U.S. In a statement, the ...
Add Yahoo as a preferred source to see more of our stories on Google. On Wednesday morning at 9:26 a.m. ET, IMAX announced it is increasing its existing stock-buyback program by another $200 million, ...
The debt-laden exhibitor, led by CEO Moshe "Mooky" Greidinger, which recently filed for Chapter 11 bankruptcy in the U.S., also said third-quarter admissions have been "below expectations." By Georg ...
Cineworld, the owner of Regal Cinemas, confirmed on Monday it is considering filing for Chapter 11 bankruptcy in the U.S. and "associated ancillary proceedings in other jurisdictions" amid an ongoing ...
A bankruptcy judge has told Cineworld that they need to fast track the closing of more theaters as well as their overall restructuring plan during their latest hearing. On Wednesday, Judge Marvin ...
Regal-owner Cineworld, the world’s second largest movie theater operator, has denied reports that it has been in talks with AMC, the world’s largest movie theater group, regarding the sale of its ...