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Stock Market & Financial Investment News

News Breaks
May 28, 2014
08:44 EDTIMAXIMAX China valuation higher than initially thought, says MKM Partners
After reevaluating IMAX's sale of a minority interest in IMAX China last month, MKM Partners now believes that IMAX China is being valued at a premium closer to 4-5 turns higher than the company's overall valuation, versus earlier estimates of in-line to just under a 1-turn premium. The firm now thinks the company may spin off the subsidiary in an IPO within the next 24-36 months. It keeps a $36 price target and Buy rating on the shares.
News For IMAX From The Last 14 Days
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May 14, 2015
07:31 EDTIMAXIMAX and Vue International announces two-theatre agreement in England
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May 11, 2015
07:38 EDTIMAXIMAX and Huayi Brothers announce agreement for three theatres in China
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