MoreBack to News Headlines

The world's second biggest movie theater chain is in trouble
CNN
The owner of Regal Cinemas is having a tough time — its stock crashed as much as 80% Friday after reports that its parent company is preparing to file for bankruptcy.
British company Cineworld Group has spoken to lawyers at Kirkland & Ellis LLP to advise on the bankruptcy process in the United States and United Kingdom, according to a report by the Wall Street Journal.
The stock has recovered slightly, but is still 60% below its price at the start of Friday trading.
More Related News