28.11.2017 23:28:00
|
Regal Entertainment Group Statement Regarding Potential Merger
Regal Entertainment Group, a leading motion picture exhibitor owning and operating one of the largest theatre circuits in the United States, today confirmed that it is currently engaged in discussions with Cineworld Group plc about a possible all-cash acquisition of Regal at a price of $23.00 per share. No agreement has been reached, and there is no assurance that any transaction will result. Regal Entertainment Group does not intend to make any further comment, or respond to any inquiries, until an agreement, if any, is reached, or discussions have been terminated.
About Regal Entertainment Group:
Regal Entertainment Group
(NYSE: RGC) operates one of the largest and most geographically diverse
theatre circuits in the United States, consisting of 7,315 screens in
561 theatres in 43 states along with Guam, Saipan, American Samoa and
the District of Columbia as of September 30, 2017. The Company operates
theatres in 48 of the top 50 U.S. designated market areas. We believe
that the size, reach and quality of the Company’s theatre circuit not
only provide its patrons with a convenient and enjoyable movie-going
experience, but is also an exceptional platform to realize economies of
scale in theatre operations.
Additional information is available on the Company's website at www.REGmovies.com .
Forward Looking Statements:
This press release includes
"forward-looking statements” within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the Securities
Exchange Act of 1934, as amended. All statements, other than statements
of historical fact, may constitute forward-looking statements. These
forward-looking statements involve risks and uncertainties. Important
factors that can cause the actual results to differ materially from the
company's expectations are disclosed in the Risk Factors contained in
the company's 2016 Annual Report on Form 10-K dated February 27, 2017.
All forward-looking statements are expressly qualified in their entirety
by such factors.
View source version on businesswire.com: http://www.businesswire.com/news/home/20171128006514/en/
Wenn Sie mehr über das Thema Aktien erfahren wollen, finden Sie in unserem Ratgeber viele interessante Artikel dazu!
Jetzt informieren!
Nachrichten zu Regal Entertainment Group Inc.mehr Nachrichten
Keine Nachrichten verfügbar. |