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Cineworld To Evaluate Initial Bids as It Prepares to Exit Bankruptcy

Cineworld, With $6 Billion of Debt, Markets Parts of Its Business Through Bankruptcy Court
A Cineworld Cinemas sign in the United Kingdom. The cinema chain is working its way through Chapter 11 bankruptcy proceedings in Texas. (Getty Images)
A Cineworld Cinemas sign in the United Kingdom. The cinema chain is working its way through Chapter 11 bankruptcy proceedings in Texas. (Getty Images)
CoStar News
February 21, 2023 | 11:35 P.M.

Cineworld, the world's second-largest theater chain and parent of Regal Cinemas, received offers from multiple parties for different parts of its business through its initial marketing process, and the company is ready to move to the next phase as it prepares to exit bankruptcy proceedings.

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