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Cineplex Inc T.CGX

Alternate Symbol(s):  CPXGF | T.CGX.DB.B

Cineplex Inc. is a Canadian brand that operates in the film entertainment and content, amusement and leisure, and media sectors. The Company's segments include Film Entertainment and Content, Media, and Location-Based Entertainment. It offers over 170 movie theatres and location-based entertainment venues. In addition to being a film exhibitor, the Company operates Canada's destination for Eats & Entertainment (The Rec Room), complexes specially designed for teens and families (Playdium), and an entertainment concept that brings movies, amusement gaming, dining, and live performances together under one roof (Cineplex Junxion). It also operates businesses in digital commerce (CineplexStore.com), alternative programming (Cineplex Events), motion picture distribution (Cineplex Pictures), cinema media (Cineplex Media) and digital place-based media (Cineplex Digital Media). The Company is a partner in Scene+, Canada's entertainment and lifestyle loyalty program.


TSX:CGX - Post by User

Bullboard Posts
Comment by caretired1on Apr 15, 2020 12:34pm
292 Views
Post# 30912190

RE:RE:RE:UK banks trying to look at ways to stop the deal

RE:RE:RE:UK banks trying to look at ways to stop the dealNo one and I mean no one would lend money to do this deal at 34. I expect it will be repriced below 20 and see if it goes ahead. I agree that Cineplex will break their debt covenant to stay below 725 million in the terms of the first deal.
Bullboard Posts