Cineworld

Cineworld Buys Regal for Nearly $6 Billion

Thu, 12/07/2017 - 11:23 -- Nick Dager

Cineworld, the U.K.’s largest cinema operator, has acquired Regal, one of the largest theatre circuits in the U.S., for a reported $5.9 billion. The deal would create the world’s second-largest movie theater owner and enable Cineworld to better compete with AMC Entertainment, which is owned by the Chinese conglomerate Dalian Wanda. The Cineworld-Regal combination would create a company with more than 9,500 screens in 10 countries.

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