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Bullboard - Stock Discussion Forum Cineplex Inc T.CGX

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

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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... see more

TSX:CGX - Post Discussion

Cineplex Inc > P1AG sale
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Post by caretired1 on Nov 22, 2023 8:18pm

P1AG sale

Last quarter ebitda for P1AG was 8.5 million or 36 million per year last year.  Sale price at 155 is a little over 4x EBITDA - thats quite low.  Did someone tell them to raise money to pay down the loans from the banks??
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