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Blog Post | Timely Disclosure

Show-Stopper: Failed Cineworld-Cineplex Deal Could Lead to MAC Litigation

Fasken
Reading Time 1 minute read
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Overview

The Deal  On December 15, 2019, United Kingdom-based Cineworld Group plc (“Cineworld”), the second largest cinema chain worldwide, entered into an arrangement agreement (the “Arrangement Agreement”) with Cineplex Inc. (“Cineplex”) whereby Cineworld would acquire all of the issued and outstanding shares of Cineplex for $34 per share in cash, representing a premium of 42% to... Continue Reading

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