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Aug 14, 2020 · His remarks came as Cineplex reported a loss of $98.9 million or $1.56 per share in its second quarter, compared with a profit of $19.4 million or 31 cents per share in the same quarter last year.
- Cineplex wins $1.24B in damages in lawsuit with former merger ...
Cineplex also claimed that Cineworld did not have grounds to...
- Cineplex wins $1.24B in damages in lawsuit with former merger ...
Aug 12, 2021 · Cineplex's media revenue rose to $9.4 million compared with $8.1 million in the same quarter last year, while amusement revenue increased to $22.2 million, up from $3.7 million.
Aug 12, 2021 · The price hike couldn’t stem Cineplex’s losses, which amounted to $1.64 per diluted share for the quarter ended June 30, compared with a loss of $98.9 million or $1.56 per diluted share a year ...
Dec 23, 2021 · Cineplex is the first Canadian court decision to assess damages against a buyer for refusing to close an acquisition under an arrangement agreement. While Cineplex could not recover the premium payable to its shareholders had the arrangement closed, the Court awarded Cineplex $1.24 billion in damages for loss of anticipated deal synergies.
Dec 15, 2021 · Cineplex also claimed that Cineworld did not have grounds to terminate the deal because there was a clause exempting outbreaks of illness or changes affecting the motion picture theatre industry ...
Sep 28, 2022 · Cineplex (TSX:CGX) is a top-tier Canadian brand that operates in the Film Entertainment and Content, Amusement and Leisure, and Media sectors.Cineplex offers a unique escape from the everyday to ...
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What happened to Cineplex & Cineworld?
Did Cineplex's price hike stem its losses?
How did Cineplex's revenue compare to last year?
Why did Cineplex lose $103.7 million in Q2?
Did Cineworld breach a contract with Cineplex?
Why did Cineplex fire back?
Jun 12, 2020 · International movie theatre chain Cineworld PLC says its deal to buy Cineplex Inc. for $2.8 billion is off, claiming that "certain breaches" of the contract were made by the Canadian company.
