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Cinema giant Regal agrees to be bought by UK’s Cineworld


UK-based Cineworld has agreed to buy US movie theater operator Regal Entertainment for $3.6 billion in cash, the companies said on Tuesday. A deal would put the combined company in a better position to take on US industry leader AMC Entertainment, and also give it more scale to fight growing competition from Netflix, Apple and...
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Source: New York Post


16:07, December 5, 2017 Reuters

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