Macro Finance
Cineplex Seen Getting Offers for Half the Price of 2019 Bid
Bloomberg Markets·September 25, 2026·1 min read
Cineplex Inc., Canada's largest movie theater chain, is likely to receive offers worth only half of what it could have fetched before the Covid-19 pandemic if it decides to sell, according to an analyst. The reduced valuation reflects the lasting impact of the pandemic on the cinema industry.
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