Bankrupt Cineworld Says It Had Lowball Bids “For All Or Some” Assets; Hopes To File Restructuring Plan Next Week
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Bankrupt Regal parent Cineworld said it had multiple bids for all or some of its assets in initial expressions of interest due last week. Its business includes Regal in the U.S.; Cineworld and Picturehouse in the U.K. and Ireland; and “rest of world” cinemas in Central and Eastern Europe, and…
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