Cineplex takeover makes sense as pressure from streamers mounts

Cineplex Inc. has agreed to be bought by British theatre chain Cineworld in a $2.8-billion deal that, if approved, would create the largest cinema empire in North America, the company announced on Monday. Cineplex is the dominant theatre banner in Canada, with a 75 per cent share of the box office. But at 1,700 screens, …

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