Regal Cinemas owner Cineworld says shareholders will be wiped out

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Regal Cinemas owner Cineworld, which filed for Chapter 11 bankruptcy protection last year, said Friday that it expected shareholders to be wiped out entirely, meaning they should not expect to recover any funds from a restructuring or sale of the business.
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February 24, 2023 at 05:27AM
#usa #unitedstates #unitedstatesofamerica #america #us #u_s

Published by Sarah Seearchett

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