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Elliott Management Reportedly Eyes Purchase Of Parts Of This Ailing AMC Theatres Rival
Saturday, March 25, 2023 - 4:19pm | 284Activist fund Elliott Management is reportedly pursuing ailing movie theater chain Cineworld Group plc (OTC: CNNWQ) (OTC: CNWGQ). Paul Singer-owned Elliott is looking to buy Cineworld’s operations in eastern Europe and Israel, Sky News reported on Saturday. The fund was...
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Inside Cineworld's Offer To Purchase Regal Entertainment: How Would It Work?
Wednesday, November 29, 2017 - 11:20am | 383Regal Entertainment Group (NYSE: RGC) announced after the close Tuesday that it's in discussions to be acquired by British theater operator Cineworld for $23 per share in an all-cash deal. On Wednesday, one Wall Street analyst said that while a Regal buyout comes as no surprise, the potential...
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Movie Theater Stocks Spike On Rumors Of Regal Takeover
Tuesday, November 28, 2017 - 4:04pm | 316Regal Entertainment Group (NYSE: RGC) spiked 15 percent and continued higher Tuesday on a Reuters report that London’s Cineworld Group plc proposed a $23-per-share takeover. Regal did not immediately respond to requests for comment. Notably, AMC Entertainment Holdings Inc (NYSE: AMC),...