Yahoo

Cineworld hits back at Cineplex in tussle over scrapped deal

(Reuters) - Cineworld said on Monday it planned to make a counter-claim against Cineplex following the Canadian cinema chain's legal action against the British group for damages after it scrapped a $1 ...
JD Supra

Cineplex Awarded $1.24 Billion in Lost Synergies from Failed Cineworld Acquisition: Company’s Pandemic Response Not Out of the “Ordinary Course”, Court Rules

In a highly anticipated decision, the Ontario Superior Court of Justice – Commercial List held that Cineworld wrongly terminated its arrangement agreement to acquire Cineplex, which was awarded ...
Fox Business

Cineplex seeks to revive Regal merger after Cineworld bankruptcy

Canadian movie theater chain Cineplex Inc. has approached lenders to its bankrupt rival Cineworld Group PLC about reviving a potential merger with the U.K. company’s Regal Entertainment Group ...
equities

Cineworld To Make Counterclaim Against Cineplex Over Failed Takeover

(Reuters) – Cineworld said on Monday it planned to make a counter-claim against Cineplex following the Canadian cinema chain’s legal action against the British group for damages after it scrapped a $1 ...
Metro US

Cineworld shares tumble after damages over scrapped Cineplex deal

(Reuters) – Cineworld shares plunged by 40% on Wednesday after the British cinema operator was ordered to pay C$1.23 billion ($957 million) in damages to rival Cineplex for abandoning a planned ...
Yahoo

Cineworld Sets Timing Of Bankruptcy Reorganization Plan; Cineplex Denied Hearing Over Scuttled Merger But May Be Eyeing Regal

Cineworld plans to file its reorganization plan by Oct. 31, an attorney for the giant chain said today at a hearing. It also won’t be forced to state its case in a Canadian appeals court next month ...
24/7 Wall St

Despite Cineworld’s U.S. bankruptcy, Cineplex’s Business Is in Better Shape Than Investors Think

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Earlier this week, Cineplex (CA:CGX), Canada’s largest ...
Nasdaq

Cineworld plans counter-claim against Cineplex over scrapped deal

Britain's Cineworld said on Monday it plans to make a counter-claim against Cineplex for damages and losses following a failed acquisition. The Canadian company has sued Cineworld, seeking damages ...
Variety

Canada’s Cineplex Sues Regal Cinemas Owner Cineworld Over Aborted Acquisition Deal

Canada‘s Cineplex has initiated legal proceedings against Regal Cinemas owner Cineworld Group over its failed acquisition deal. Cineworld moved on June 12 to scrap its $1.6 billion acquisition of the ...
The Hollywood Reporter

Canada’s Cineplex Sues Regal Owner Cineworld Over Abandoned Takeover

Canadian exhibitor Cineplex has started legal proceedings in Ontario against Regal owner Cineworld, "seeking damages" for Cineworld calling off its planned $2.1 billion takeover of the smaller firm in ...
Variety

Canada’s Cineplex Sues Regal Cinemas Owner Cineworld Over Aborted Acquisition Deal

Canada‘s Cineplex has initiated legal proceedings against Regal Cinemas owner Cineworld Group over its failed acquisition deal. Cineworld moved on June 12 to scrap its $1.6 billion acquisition of the ...