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Regal Owner Cineworld Considering Insolvency Process That Could See Some Screens Permanently Shuttered

The Cineworld Group, the second largest cinema chain in the world, which also operates the Regal cinemas in the U.S., is exploring an insolvency process in the U.K. that will cut costs, but could shutter some British sites permanently. Known as a “company voluntary arrangement” (CVA), Cineworld is currently discussing the process with lenders, according […]

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