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Stock Market & Financial Investment News

News Breaks
February 15, 2013
16:17 EDTCNKCinemark to sell Mexico subsidiaries to Cinemex
Cinemark Holdings (CNK) announced that they have entered into a stock purchase agreement pursuant to which Cinemark will sell all of the issued and outstanding shares of capital stock of Cinemark de Mexico S.A. de C.V. and its subsidiaries to Grupo Cinemex, S.A. de C.V. and Cadena Mexicana de Exhibicion, S.A. de C.V. Roberto Jenkins, Cinemark's General Manager of Mexico, commented, "I have been fortunate to lead Cinemark Mexico since its entrance into the market in 1994 and am proud of the team we have developed, as well as our success in building a great company. Though it is difficult to sell the company, I am pleased that we are being acquired by such a well-respected company that is committed to the industry. I am confident Cinemex's leadership and execution will further enhance the success of the assets."
News For CNK From The Last 14 Days
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May 19, 2015
12:50 EDTCNKCinemark management to meet with MKM Partners
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May 15, 2015
10:50 EDTCNKCinemark to construct new 14-screen movie theatre in Tucson, AZ
Cinemark Holdings announced plans to construct a Century branded, 14-screen, all-digital movie theatre that will feature Luxury Lounger reclining chairs in all auditoriums at the Tucson Marketplace at the Bridges, located at the northwest intersection of Interstate 10 and South Kino Parkway. The new theatre is scheduled to open in summer of 2016.
May 13, 2015
07:16 EDTCNKMoffett Nathanson to hold a summit
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