New User:

-or-
Username:
Password:
Forgot your password?

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
Check below for free stories on CNK the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
August 18, 2014
17:32 EDTCNKCinemark liability in Aurora, CO shootings to be decided by jury, WSJ says
A federal judge ruled that a jury should decide if Cinemark is liable for the deaths of 12 customers in the 2012 shooting in Aurora, Colorado, reports the Wall Street Journal. Reference Link
August 17, 2014
18:16 EDTCNKCinemark could get boost next year, Barron's says
Cinemark could see a boost in share price as highly-anticipated movies are released and the company is successful in showing alternative content in theaters, Barron's contends in its "The Trader" column, citing Matthew Harrigan from Wunderlich Securities. Reference Link

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use