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Cineworld Group, the owner of Regal Cinemas, has revealed that it has decided to scrap plans to sell its businesses outside the U.S., the U.K. and Ireland.
Regal's parent company, Cineworld, is currently working its way through its Chapter 11 bankruptcy process. The former ArcLight has been closed since 2020.
Need to Know: Once offering the worst return on Wall Street, cash is now looking like the best asset to own, says Morgan Stanley Need to Know August 22, 2022 View in Web Browser Once offering the worst return on Wall Street, cash is now looking like the best asset to own, says Morgan Stanley
TOP NEWS: Cineworld told to fork out GBP720 million in Cineplex ruling | Financial News
Terranova founder Stephen Bittel and Cineworld CEO Mooky Greidinger with Shadowood Square (Getty, Google Maps, Terranova, iStock) Regal Cinemas must pay $807,118 for unpaid rent at Terranova Corp.’s Shadowood Square retail complex near Boca Raton, a judge ruled. Palm Beach County Circuit Judge G. Joseph Curley ordered Regal Cinemas to pay its April rent of $79,129 by Monday, and $807,118 of back rent for previous months by April 23. Knoxville, Tennessee-based Regal Cinemas, through affiliate R.C. Cobb, leases 44,845 square feet at the shopping plaza at 9789 Glades Road. The movie theater co...