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BRIEF-Cineplex Announces Plans To Move Business Forward After Cineworld Group Abandons Deal

Published 2020-06-15, 09:03 a/m
CGX
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June 15 (Reuters) - Cineplex Inc CGX.TO :

* CINEPLEX INC - ANNOUNCED PLANS TO MOVE BUSINESS FORWARD AFTER ABANDONMENT BY CINEWORLD GROUP PLC OF ITS ACQUISITION OF CO

* CINEPLEX INC - WORKING TOWARDS REOPENING SIX THEATRES IN ALBERTA ON JUNE 26, 2020

* CINEPLEX INC - IN ALL MARKETS WHERE PERMITTED, PLAN TO REOPEN AS MANY LOCATIONS AS CO CAN ON JULY 3

* CINEPLEX INC - COVID-19 IS EXPECTED TO HAVE A PROLONGED NEGATIVE IMPACT ON CO'S OPERATIONS

* CINEPLEX INC - NOT POSSIBLE TO PRECISELY ESTIMATE IMPACT ON FUTURE RESULTS

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