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Cineplex

Cineplex Hit with $39 Million Fine for Deceptive Pricing Practices in Canada
By  |  Sep 24, 2024

Cineplex has been ordered to pay nearly $39 million after Canada’s Competition Tribunal determined that the cinema chain participated in deceptive marketing practices, according to Reuters. The decision, announced by...

Cineplex Sues Former Merger Partner Cineworld For $2.1B In Canada
By  |  Jul 6, 2020

Cineplex has filed a lawsuit against its former suitor Cineworld Group, seeking damages over the UK company’s failed acquisition that could exceed the US$2.18 billion outstanding on the deal. The Canadian movie theater operator filed the suit in Ontario Superior Court on Friday, July 3, detailing what it claims was “a case of buyer’s remorse” […]

Cineworld Calls Off $2B Cineplex Movie Theater Deal
By  |  Jun 15, 2020

Regal owner Cineworld has called off its planned $2.1 billion takeover of Canadian exhibitor Cineplex, which would have created one of the world’s largest cinema companies with more than 11,200 screens globally. “Cineworld has become aware of certain breaches by Cineplex Inc. of the arrangement agreement relating to the acquisition… In addition, a material adverse […]

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