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Cineworld Obtains Three Months Delay of Payout to Regal Shareholders by Patrick Frater

Multinational cinema operator Cineworld says that it has reached an agreement with creditors over a disputed and delayed repayment. The agreement gives Cineworld three additional months to settle the debt. The London Stock Exchange-listed company acquired U.S. theaters giant Regal Entertainment in 2017 for an agreed $3.6 billion. But a group of minority dissenting shareholders […]

SOURCE: Variety at 4:18am on February 18, 2022

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