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| Home: News & Events - Regal to Buy Eastern Federal Theatres |
News & Events
Regal to Buy Eastern Federal Theatres
April 28th, 2005
Knoxville, TN: Regal Entertainment Group, the country's largest motion picture exhibitor, is expanding its presence in the Southeast with a $127.6 million cash deal for 22 theaters from North Carolina-based Eastern Federal Theatres for $127.6 million.
Meanwhile, the Knoxville-based movie theater company said it was closing another deal announced last month for seven theaters in Maryland, Florida, Pennsylvania and Virginia owned by R/C Theatres of Maryland for $31 million in cash.
You can read the full news story from the AP via Yahoo! News:
Regal to Buy Eastern Federal for $127M
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