Cineworld to pay $170 mln to dissenting Regal shareholders - NewsBreak
By Frank in Business
Updated 3 years ago
Sept 10 (Reuters) - Cineworld, the world's second-largest movie theatre operator, said on Friday it will pay $170 million to Regal Entertainment shareholders, who were against the London-listed company's takeover of the U.S. chain in 2017. According to an agreement, $92 million will be held in escrow and be available...