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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 ashcakeon Jun 12, 2020 8:01pm
195 Views
Post# 31145621

RE:As expected the deal is canceled

RE:As expected the deal is canceled Lawsuits pending, hot heads & turmoil in both organizations equals a lengthy and costly court battle ahead. OR cooler heads could prevail andd renegotiate terms. That makes more sense in my opinion than does walking away and litigating each other. 20-24$ would be a fair range for a new deal imo. OR perhaps a new suitor enters the fray??
Either way, I will add sub $10 believing there will be a new TO offer sonner than later from perhaps a new player. Guess we'll see...should be interesting.
Bullboard Posts