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Regal Entertainment Group stock price
Regal Entertainment Group latest news:
UK's Cineworld on Track to Close Acquisition of Regal Entertainment Group
UK's Cineworld said its proposed $3.6 billion acquisition of Regal Entertainment (RGC) was passed by a majority of shareholders at a meeting on Friday. Cineworld said 87.3% of votes cast at the meeting in London were in favor of the deal, according to a statement. The deal is expected to close in March. Price: 23.12, Change: +0.23, Percent Change: +1.00. MT Newswires does not provide investment advice.
ISS advises Cineworld shareholders to oppose Regal deal
Cineworld's(CNWGY) attempt to buy U.S. rival Regal Entertainment (RGC) has been dealt a blow after advisory group Institutional Shareholder Services told investors to oppose the $3.6 billion deal because it posed "significant financial and operation risks."
BRIEF-The Anschutz Foundation Reports 8.67 Pct Passive Stake In Regal Entertainment Group
Regal Entertainment Group(RGC): * THE ANSCHUTZ FOUNDATION REPORTS 8.67 PERCENT PASSIVE STAKE IN REGAL ENTERTAINMENT GROUP AS OF DECEMBER 4 - SEC FILING Source text : http://bit.ly/2ksCETW Further company coverage:
UK's Cineworld buys Regal Entertainment for $3.6 billion
Britain's Cineworld Group sealed an agreement to buy larger U.S. peer Regal Entertainment Group for $3.6 billion in cash. Fred Katayama reports.
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Regal Entertainment and Revance rise; Ascena Retail slips
Stocks that moved substantially or traded heavily Tuesday: Revance Therapeutics Inc., up $8.75 to $34.75
Deals of the day-Mergers and acquisitions
The following bids, mergers, acquisitions. ** Britain's Cineworld Group Plc (CNWGY) sealed an agreement to buy larger U.S. peer Regal Entertainment Group (RGC) for $3.6 billion in cash, a deal that would create the world's second largest movie theatre operator.
Cineworld to buy U.S. peer Regal Entertainment for $3.6 bln
British movie theatre operator Cineworld Group Plc (CNWGY) said on Tuesday it reached an agreement to buy U.S. peer Regal Entertainment Group (RGC) for $3.6 billion. The deal value of $23 per Regal share represents a premium of 12 percent to Regal's closing price on Monday and implies an enterprise value of $5.8 billion.
Regal Entertainment's stock soars after confirming buyout talks with Cineworld
Shares of Regal Entertainment Group surged 5.2% in premarket trade, after the movie theater operator confirmed that it is currently discussing a potential buyout by U.K.-based Cineworld Group PLC in a deal that would value Regal at about $3.6 billion. Regal said the deal being discussed is an all-cash acquisition of Regal for $23 a share, which is 17% above Tuesday's closing price of $19.63. Regal said there is no assurance that a deal will be reached, and said it did not plan to make any further comment until an agreement, if any, is reached. Cineworld's stock tumbled 16% in London trade. Regal's stock has soared 34% over the past three months through Tuesday, but has lost 4.7% year to date, while the S&P 500 has gained 17% this year.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
BRIEF-Regal Entertainment Confirmed That It Is Currently Engaged In Discussions With Cineworld Group About A Possible ...
Cineworld Group Plc(CNWGY): * REGAL ENTERTAINMENT GROUP(RGC) - CONFIRMED THAT IT IS CURRENTLY ENGAGED IN DISCUSSIONS WITH CINEWORLD GROUP PLC ABOUT A POSSIBLE ALL-CASH ACQUISITION. * REGAL ENTERTAINMENT GROUP (RGC) - NO AGREEMENT HAS BEEN REACHED WITH CINEWORLD GROUP.
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