Cineplex Inc. won’t be changing its name, but the theatre chain will probably see some job losses, the company’s likely new owner says.
Cineworld PLC chief executive Moshe (Mooky) Greidinger said in an interview with The Canadian Press that he expects he’ll have to shake up some elements of the Toronto-based company that he has made a $2.8-billion takeover bid for, but working out the exact details will take time.
Source:
https://www.bnnbloomberg.ca/cineplex-reports-lower-q4-profit-amid-cineworld-deal-costs-1.1389041