U.K.’s Cineworld Poised to Buy Canada’s Cineplex in $2.1 Billion Deal

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U.K.’s Cineworld Poised to Buy Canada’s Cineplex in $2.1 Billion Deal
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U.K.’s Cineworld Poised to Buy Canada’s Cineplex for $2.1 Billion

U.K.-based movie theater chain Cineworld is to acquire Cineplex, Canada’s leading cinema chain. The deal, announced Monday, values the Toronto-listed Cineplex at $2.1 billion . Cineplex says that it has secured unanimous approval from Cineplex’s board of directors, and that Cineplex’s leading shareholder Global City Theaters, with 28% of the shares, has also accepted [...

In a banner year for Asian American representation in Hollywood, Randall Park, Constance Wu and the cast of “Fresh Off the Boat” were among the honorees at the 18th Annual Unforgettable Gala, held at the Beverly Hilton Hotel in Beverly Hills, Calif. on Saturday evening. Host Simu Liu, who flew in from Sydney where he [...]

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