Loews chain seeks buyer

Goldsmith, Jill
March 2004
Daily Variety;3/15/2004, Vol. 282 Issue 56, p23
Trade Publication
Reports that Loews Cineplex owners Onex Corp. and Oaktree Capital have retained Citigroup and Credit Suisse First Boston to explore strategic options for Loews. Cancellation of Loews' merger talks with rival AMC Entertainment; Number of screens operated by Loews worldwide.


Related Articles

  • Onex/Oaktree Scope More Movie Targets. Cecil, Mark // Mergers & Acquisitions Report;12/10/2001, Vol. 14 Issue 46, p1 

    Reports on the plan of Onex Corp. and Oaktree Capital Management to acquire theater chains. Theater chains that have had negotiations with Onex; Information on Loews Cineplex Entertainment Corp. which is being used as an acquisition platform; Comments from executives of Onex and Oaktree.

  • Court OKs buyout of Loews. DiOrio, Carl // Daily Variety;3/4/2002, Vol. 275 Issue 1, p20 

    Reports the court approval given to the reorganization scheme of Loews Cineplex Entertainment in Los Angeles, California. Ownership by Onex and Oaktree Capital; Announcement of emergence from bankruptcy; Amount of debt converted into equity.

  • Oaktree, Onex pony up for GC. DiOrio, Carl // Daily Variety;06/14/2001, Vol. 272 Issue 9, p1 

    Reports on the agreement between Toronto, Ontario-based Onex Corp. and Los Angeles, California-based buyout firm Oaktree Capital to purchase General Cinemas. Plan of Onex head Gerald Schwartz to acquire additional motion picture theaters in the United States; Bankruptcy reorganization movements...

  • Group seeks halt to Loews buyout. Doman, Matthew // Hollywood Reporter -- International Edition;5/22/2001, Vol. 368 Issue 20, p1 

    Reports on the move of a group of creditors to block the buyout plan for the North American theater circuit Loews Cineplex Entertainment by Onex Corp. and Oaktree Capital Management and Pacific Capital. Worth of the buyout plan; Companies included in the group of creditors; Creditor group's...

  • INVESTORS PAY $1.5 BILLION FOR LOEWS CINEPLEX. Dinglasan, Francesca // Boxoffice;Aug2004, Vol. 140 Issue 8, p16 

    Reports that Loews Cineplex Entertainment parent companies Onex Corp. and Oaktree Capital Management have reached a deal with a group of investors involving the sale of the exhibition company's theatrical holdings.

  • LOEWS ON THE MOVE. Goldsmith, Jill // Daily Variety;6/8/2004, Vol. 283 Issue 45, p6 

    Reports that three buyout firms led by Bain Capital Inc. are finalizing a deal to acquire the movie theater chain Loews Cineplex Entertainment Corp. owned by Oaktree Capital Management LLC and Onex Corp. in New York City. Cost of the deal; Ability of the theater chains to generate loads of cash;...

  • Book on exhib'n biz: Chapter 11 thins herd. DiOrio, Carl // Variety;02/19/2001, Vol. 382 Issue 1, p9 

    Focuses on the changes in the exhibition industry in North America. Details on the bankruptcy reorganization filed by Loews Cineplex Entertainment; Recapitalization agreement between entertainment entrepreneur Philip Anschutz and Oaktree Capital; Closing of money-losing theaters; Implications...

  • Canada's Onex eyes exhib biz expansion. Kelly, Brendan // Daily Variety;05/14/2001, Vol. 271 Issue 53, p8 

    Reports on the Onex Corp.'s expansion of its presence in the North American exhibition market. Acquisition of theaters from troubled exhibition chains; Financing for Onex's exhibition expansion; Terms under the Onex's acquisition deal with the Loews Cineplex Entertainment.

  • CONSOLIDATION FEVER.  // Film Journal International;Jun2002, Vol. 105 Issue 6, p4 

    Comments on the consolidation in the motion picture theater industry in the U.S. Details of the controlling interest taken by Onex in Loews Cineplex Entertainment; Acquisition of General Cinemas and Gulf States Theatres by AMC Entertainment; Rumors of a merger involving Cinemark Theatres.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics