Cineplex Inc. CGX
TSX · Canada · Consumer Services
CAD 12.28-0.22 (-1.76%)
Market open· · CAD · Data may be delayed
Prices may be delayed and are for informational purposes only - not investment advice.
Market open· · CAD · Data may be delayed
Prices may be delayed and are for informational purposes only - not investment advice.
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The theatre chain currently operates 168 cinemas and entertainment venues, employing over 10,000 people across Canada
Investing.com -- Cineplex Inc. (TSX:CGX) has appointed former Landmark Cinemas head Bill Walker as its new Chief Executive Officer while simultaneously initiating a formal review of strategic alternatives that could lead to a sale of the Canadian entertainment company. The dual announcements mark a pivotal transition for Canada's dominant theatre exhibitor as its board seeks to address a potential disconnect between the company's public market valuation and the intrinsic worth of its underlying
Canadian movie theater operator Cineplex Inc. launched a strategic review that may lead to a sale and announced a new chief executive officer to replace longtime head Ellis Jacob.
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