News Formal

Cineplex sues Cineworld for $2.18B in wake of failed acquisition

  • 📰 GlobalNational
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

The Canadian movie theatre chain filed the suit in Ontario Superior Court on Friday, detailing what it claims was ``a case of buyer's remorse'' on the part of the U.K. company in the middle of a pandemic.

Inc. has filed a lawsuit against its former suitor Cineworld Group PLC, seeking damages in excess of $2.18 billion in the wake of the U.K. company’s failed acquisition.

The Canadian movie theatre chain filed the suit in Ontario Superior Court on Friday, detailing what it claims was “a case of buyer’s remorse” on the part of the U.K. company in the middle of a pandemic.Cineworld walked away from the $2.8 billion deal on June 12, saying it had become aware of a material adverse effect and breaches by the Toronto-based company.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 81. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Broad rally helps boost S&P/TSX composite, U.S. stocks also up after jobs reportA broad-based rally on the Toronto Stock Exchange helped boost Canada's main stock index, while U.S. stock markets rose in the wake of a stronger-than-expected jobs report. Trump 2020
Источник: CTVNews - 🏆 1. / 99 Прочитайте больше »