Marcus Theatres(R) to Purchase Showtime Cinema in Franklin, Wis. out of Receivership

Marcus Theatres(R), a division of The Marcus Corporation /quotes/zigman/233011/quotes/nls/mcs MCS -0.40% , today announced it will purchase the Showtime Cinema in Franklin, Wis. out of receivership. Marcus Theatres submitted the highest bid to purchase the theatre at an auction on December 8, 2011. The 12-screen theatre is located at 8910 S. 102nd Street, just west of Hwy 100 on Loomis Road. The purchase is expected to close on Wednesday, December 14. Plans are for the theatre to be closed to the public on Thursday, December 15 and reopen on Friday, December 16 as a Marcus Theatres location.