Regal Cinemas Owner Cineworld Formally Files Bankruptcy Reorganization Plan

Regal Cinemas Owner Cineworld Formally Files Bankruptcy Reorganization Plan

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Regal Cinemas’ debt-ridden parent company Cineworld formally filed its reorganization plan in Texas bankruptcy court on Tuesday. The filing makes official a deal described last week that will wipe out the U.K.-based company’s shareholders, cut its debt by about $4.53 billion and raise about $2.26…

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