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They have reached out to 30 possible transaction partners, including competitors, deadline for interest is February 16th. {nm}
Posted by: notfabio on Jan 23, 19:10 in response to notfabio's post Cineworld/Regal filed today they are focusing on selling...
Cineworld/Regal filed today they are focusing on selling their assets (marketing process). No one is interested in financing their reorg. notfabio Jan 23, 19:08
They have reached out to 30 possible transaction partners, including competitors, deadline for interest is February 16th. notfabio Jan 23, 19:10
Also today was supposed to be the big hearing, they have pushed it to February 16th so they will know who is interested in buying/merging. {nm} notfabio Jan 23, 19:24
Cineplex and AMC are likely who they vaguely refer went to their creditors instead of Cineworld/Regal directly (legal hissy fit inferred) {nm} notfabio Jan 23, 19:31
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