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Canada Movie Chain Cineplex Considers Sale, Hires Goldman and TD

Source: Bloomberg

M&A & RestructuringManagement & GovernanceMedia & Entertainment

Cineplex Inc. launched a strategic review that could result in a sale and appointed a new CEO to succeed longtime leader Ellis Jacob. The potential transaction and leadership transition could materially affect Cineplex shares, though no valuation, bidder, or timing details were disclosed.

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