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Cineworld in talks to acquire Regal Entertainment for $3.6 billion

Reuters Tuesday, 28 November 2017
Cineworld in talks to acquire Regal Entertainment for $3.6 billionNEW YORK/LONDON (Reuters) - Cineworld Group Plc, a British operator of movie theaters, is in talks to acquire U.S. peer Regal Entertainment Group for approximately $3.6 billion in cash, Regal said on Tuesday.
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Source: Wochit Entertainment - < > Embed
News video: Cineworld In Talks With Regal Entertainment About Merger

▶ Cineworld In Talks With Regal Entertainment About Merger 00:40

On Tuesday, people with familiar with the matter said that Cineworld Group, a British operator of movie theaters, is in talks with U.S. peer Regal Entertainment Group about a potential merger. One of the sources said that Cineworld’s offer values Regal at around $23 per share. The sources said that...

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