RE: Coronavirus vaccine likely to accelerate demand for UK M&A, with pandemic losers such as Cineworld a18 Nov 2020 17:48
And then what?
Can't sell the sites, they're leased.
IMAX projectors and sound system, all leased.
They'll end up with a few popcorn machines and some 4k / 8k projectors.
Can't see that decision going down well with the banking bosses.
'Cine's been in this position for the best part of 9 months, and with normality just round the corner and the world opening up again, I trust you've extended the terms favourably in our favour that sees us all benefit for years to come?'
'No, sir - I've got a few hundred popcorn machines though and a ton of old pick n mix instead.'