Comment on Downtown Houston location included as Sundance Cinemas sold

Downtown Houston location included as Sundance Cinemas sold

The acquisition gives Carmike, the No. 4 domestic theater operator, opportunities to expand its upscale cinemas, an area of growth for the industry. The deal will "provide additional luxury expansion opportunities and meaningful cost synergies as we increase scale," Carmike Chief Executive Officer David Passman said in the statement.

 

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