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Slide #59. Regal Entertainment Group — Hollywood Theaters
Regal Entertainment Group (RGC)
Regal Entertainment Group (NYSE:RGC), a leading motion picture exhibitor owning and operating the largest theatre circuit in the United States, today announced that it has completed the acquisition of Hollywood Theaters.
Regal Entertainment is a holding company. Through its subsidiaries, Co. operates theatre circuits consisting of 7,267 screens in 561 theatres in 42 states along with Guam, Saipan, American Samoa and the District of Columbia as of Dec 31 2016. Co. operates its theatre circuit using its Regal Cinemas, United Artists, Edwards, Great Escape Theatres and Hollywood Theaters brands. Co. develops, acquires and operates multi-screen theatres primarily in mid-sized metropolitan markets and suburban growth areas of larger metropolitan markets throughout the U.S. Some of Co.'s theatres provide amenities such as wall-to-wall and floor-to-ceiling screens and Sony Digital Cinema 4K projection systems.
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Hold (2.17 out of 4)
(ranked lower than approx. 65% of all stocks covered)
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