Travel & Entertainment M&A » By The Online Investor Staff, updated Sat., Aug. 17, 5:40 PM
Recent mergers and acquisitions in the Travel & Entertainment M&A category.
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Slide #53. Cinemark Holdings, Inc. — Rave Theatres
Acquirer:
Cinemark Holdings, Inc. (NYSE:CNK)
Acquiree:
Rave Theatres
Details:
Cinemark Holdings, Inc. (NYSE:CNK), one of the largest motion picture exhibitors in the world, announced today that it has completed the acquisition of Rave Cinemas.
Cinemark Holdings is a holding company. Through its subsidiaries, Co. is engaged in the motion picture exhibition industry, with theatres in the U.S., Brazil, Argentina, Chile, Colombia, Peru, Ecuador, Honduras, El Salvador, Nicaragua, Costa Rica, Panama, Guatemala, Bolivia, Curacao and Paraguay. Co. provides a variety of content at its theatres. Co. monitors upcoming films and other content and works with film distributors to license the content. Co. plays films from various genres, such as animated films, family films, dramas, comedies, horror and action films. Co. provides content in both 2-D and 3-D formats in its theatres, and in various locations, Co. provides its large format, XD.
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Avg. Broker Rec.
 
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Strong Buy (3.71 out of 4) 72nd percentile
(ranked higher than approx. 72% of all stocks covered)
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