RE: So what has changed today for this to shoot up?11 Aug 2020 11:28
I can't see a buyout of Regal happening Timmy, it just doesn't make sense for Cine to sell the majority of their business at current valuation based on what they recently paid for the Regal chain.
You can see from the proposed Cineplex deal this is an empire building exercise and I don't think the current pandemic changes that objective (current challenges around plex acqusition aside). Strategic partnerships with studios yes, bring it on, selling out, no chance.