Regal Parent Cineworld Has Reached Out To 30 Potential Buyers As It Pursues Sale, Initial Bids Due Next Month
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Regal parent Cineworld said it’s opted to pursue a sale of assets and the process “is well under way” with non-binding bids due Feb 16. The company said in a bankruptcy filing that it’s reached out to 30 “potential transaction parties” including many competitors. If the debtors (Cineworld and its…
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