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MKM Partners is pointing to a "short-term dislocation" in shares of Cineplex ( OTCPK:CPXGF ) amid what it says are overdone fears around the coronavirus. More news on: Cineplex Inc., Read more ...
Cineplex Inc. (CPXGF) Q4 2019 Earnings Conference Call February 12, 2020, 10:00 AM ET Company Participants Melissa Pressacco - Senior Manager, Investor Relations & Communications Ellis Jacob - President & Chief Executive Officer Gord Nelson - Chief Financial Officer Co...
Cineplex ( OTCPK:CPXGF ) is on watch after the movie theater's Q4 adjusted EBITDA tally of C$106.5M misses the consensus estimate of C$125M by a wide margin. More news on: Cineplex Inc., Consumer stocks news, Earnings news and commentary, Read more ...
Cineplex Inc. Reports Fourth Quarter and Year End Results Canada NewsWire TORONTO, Feb. 12, 2020 Cineworld acquisition pending remaining regulatory approvals TORONTO , Feb. 12, 2020 /CNW/ - (TSX: CGX) - Cineplex Inc. ("Cineplex") today released its financial results for...
In mid-December, Cineplex ( CPXGF ) announced a friendly takeover deal that will see Cineworld Group ( CNNWF or CNWGY ) purchase Cineplex for $34 (in CDN) a share. This represented a 42% premium at the time, but the stock had traded above $34 from mid-2013 to late 2017. To sell at a $34 p...
Note: All amounts discussed are in Canadian dollars While the US stock market had a rather dizzying 2019, the TSX lagged rather substantially. A key aspect in the lag was the underperformance of energy shares which heavily dominate the TSX. Data by YCharts Within our Canadian port...
U.K.-based Cineworld (OTC: CNWGY) is poised to become North America's largest movie theater operator as it acquires Canada's Cineplex (OTC: CPXGF) in a reported $1.6 billion deal, escalating the movie screen arms race that began in earnest in 2012 when China's Dalian Wanda Group purcha...
The box office space is abuzz following news that Cineworld (CNWGY) (CNNWF), one of the largest movie theater companies in the world, is getting a little bigger. The company recently announced plans to acquire Cineplex, the largest movie theater operator in Canada, in an all-cash transacti...
Introduction Cineplex ( CPXGF ) (TSX: “CGX”) announced on December 16, 2019 it would be acquired by Cineworld Group at a price of C$34 per share. This price is about 42% higher than the price prior to the announcement. In this article, we will evaluate whether this is a good ac...
Cineplex ( OTCPK:CPXGF ) is unlikely to attract a better offer than the $2.2B bid from Cineworld ( OTC:CNWGY ), according to The Globe and Mail's Andrew Willis. More news on: Cineplex Inc., Cineworld Group PLC ADR, AMC Entertainment Holdings, Inc., Consumer stocks news Read more ......
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