March 17 (Reuters) - Cineplex Inc CGX.TO :
* CINEPLEX ANNOUNCES TEMPORARY CLOSURE OF THEATRES AND PROVIDES UPDATE ON TRANSACTION WITH CINEWORLD
* TEMPORARILY CLOSING NETWORK OF THEATRES & LOCATION-BASED ENTERTAINMENT VENUES ACROSS CANADA FROM MARCH 16, 2020, THROUGH TO APRIL 2, 2020
* CINEPLEX-DEAL WITH CINEWORLD REMAINS SUBJECT TO SATISFACTION OR WAIVER OF CERTAIN CONDITIONS TO CLOSING THAT HAVE NOT YET BEEN SATISFIED
* CO AND CINEWORLD ARE CONTINUING TO ADVANCE PROCESS TO OBTAIN APPROVALS REQUIRED UNDER INVESTMENT CANADA ACT
* PERIOD FOR REVIEW OF TRANSACTION WITH CINEWORLD HAS BEEN EXTENDED THROUGH END OF MARCH, 2020
* CO AND ITS ADVISORS ARE WORKING DILIGENTLY TO PROVIDE THAT ALL CONDITIONS TO CLOSING ARE SATISFIED ON OR PRIOR TO JUNE 30, 2020