Cineworld, the parent company of the world’s second-largest theater chain Regal Cinemas, has filed for bankruptcy. As Deadline reports, Cineworld commenced Chapter 11 through the U.S. Bankruptcy Court for the Southern District of Texas. The action includes $1.94 billion in debtor-in-possession financing, which allows the chain to continue operating through restructuring by…
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Parent Company of Regal Cinemas Files for Bankruptcy
Wren Graves
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