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Stock Market & Financial Investment News

News Breaks
November 18, 2012
13:43 EDTCNKCinemark to acquire 32 theatres from Rave Cinemas
Cinemark USA and Rave Real Property Holdco, an affiliate of Rave Cinemas announced that they have entered into an asset purchase agreement pursuant to which Cinemark will acquire substantially all of the assets of Rave, primarily consisting of 32 theatres located in 12 states, representing 483 screens, for a purchase price of approximately $240 million. The purchase price, the amount of which is subject to certain closing date adjustments, will consist of cash consideration and the assumption of certain liabilities. “The acquisition of these high quality assets will further enhance Cinemark’s diversified domestic footprint, including the expansion of our presence in the New England market,” stated Tim Warner, Cinemark’s Chief Executive Officer.
News For CNK From The Last 14 Days
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April 21, 2015
07:11 EDTCNKBarrington to host meetings at CinemaCon
Barrington-hosted Company Meetings at CinemaCon are being held in Las Vegas on April 21.
April 20, 2015
08:03 EDTCNKRealD, Cinemark announce agreement for GS cinema system in 20 auditoriums
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April 17, 2015
10:00 EDTCNKOn The Fly: Analyst Initiation Summary
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April 16, 2015
17:33 EDTCNKMovie Theater Industry has 'bright outlook,' says RBC Capital
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17:19 EDTCNKCinemark initiated with an Outperform at RBC Capital
Target $55.
April 12, 2015
16:07 EDTCNKCinemark may see 15% gain, Barron's says
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