ISS advises Cineworld shareholders to oppose Regal deal

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Cineworld’s (CINE.L) attempt to buy U.S. rival Regal Entertainment (RGC.N) has been dealt a blow after advisory group Institutional Shareholder Services told investors to oppose the $3.6 billion deal because it posed “significant financial and operation risks.”

Source: ISS advises Cineworld shareholders to oppose Regal deal