Chris Wattie/REUTERS The Cineplex logo is seen outside a movie theatre in Ottawa on Feb. 14, 2019. Canada's largest movie chain is being bought by a U.K.-based cinema operator. Cineworld Group PLC has agreed to pay $34 per share in cash, a 42-per-cent premium to the closing price for Cineplex shares Friday. Cineplex shares rose to that level in early trading after the Toronto Stock Exchange opened. Cineplex is a Toronto-based cinema chain with 165 movie theatres across Canada.

Source: Huffington Post December 16, 2019 13:12 UTC