Regal-Owner Cineworld Will Not Break Up Group, Denies Talks With AMC

Regal-owner Cineworld, the world’s second largest movie theater operator, has denied reports that it has been in talks with AMC, the world’s largest movie theater group, regarding the sale of its assets. Cineworld added that it intends to sell the group in its entirety, rather than break it up. As well as denying it was in discussions with AMC itself, Cineworld said that it “understands” that neither its lenders nor their advisers were party to discussions with AMC either. AMC last month said it was no longer in discussions to buy some theaters owned by Cineworld following initial talks with… Read Full Article