|Bid||0.00 x 10000|
|Day's Range||389.70 - 389.70|
|52 Week Range||375.06 - 477.50|
|PE Ratio (TTM)||341.84|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Retirement is not a time to chase hot stocks, but an excuse to settle down with stable stocks that let you sleep at night.
Wichita's Bill Warren has sold most of his almost 30-year-old theater company to one of AMC Entertainment Inc.'s biggest competitors. Knoxville, Tenn.-based Regal Entertainment Group announced Friday it has completed a purchase of five Warren Theatres LLC locations in Wichita and one each in Moore and Broken Arrow, Okla. The transaction adds 93 movie screens to Regal's portfolio. Terms of the deal were not disclosed, but according to The Wichita Eagle , the sale does not include two new Warren Theatres being built in Oklahoma City or the former Palace Theatre in Springfield, Mo., which is set to close in June.
Bill Warren is selling seven of his Warren Theatres in Kansas and Oklahoma. Knoxville, Tenn.-based Regal Entertainment Group announced Friday it has completed a purchase of those units, adding 93 movie screens to its portfolio. “Warren Theatres have become the market leader in both Wichita and Oklahoma City by providing superior customer service and a myriad of upscale amenities, including reclining seats, large format screens and a wide array of food and beverage options,” said Amy Miles, Regal’s CEO in a statement.