Travel & Entertainment M&A » By The Online Investor Staff, updated Thu., Aug. 13, 1:59 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. operates in the motion picture exhibition industry, with theatres in the United States, 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 and plays films from various genres, such as dramas, comedies and horror. Co. monitors upcoming films and other content and works with film distributors to license the content. Co. provides content in both 2-D and 3-D formats in its theatres, and in various locations, it provides either its exhibitor-branded large format, XD, or IMAX.
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Avg. Broker Rec.
 
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Buy (3.11 out of 4) 44th percentile
(ranked lower than approx. 56% of all stocks covered)
Based on Zacks ABR data; powered by Xignite |
