|Bid||33.90 x 0|
|Ask||33.91 x 0|
|Day's Range||33.89 - 34.00|
|52 Week Range||22.25 - 34.39|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||41.01|
|Earnings Date||Feb 12, 2020 - Feb 16, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||33.75|
TORONTO , Jan. 17, 2020 /CNW/ - (CGX.TO) – Cineplex Inc. ("Cineplex") today announced that it has mailed the management information circular (the "Circular") and related materials for the special meeting (the "Meeting") of Cineplex shareholders to approve the previously announced plan of arrangement under the Business Corporations Act ( Ontario ) (the "Arrangement"), pursuant to which Cineworld Group plc ("Cineworld") (CINE.L) has agreed to acquire, through an indirect wholly-owned subsidiary of Cineworld (the "Purchaser") all of the issued and outstanding common shares of Cineplex (the "shares") for $34 per share in cash (the "Consideration"), all as more particularly described in the Circular (the "Transaction") and Cineplex's news release dated December 16, 2019 .
TORONTO , Jan. 15, 2020 /CNW/ - (CGX.TO) – This Sunday, January 19 , Cineplex invites movie-lovers across Canada to visit their local theatre and indulge in the world's most popular movie theatre snack — popcorn! In celebration of National Popcorn Day, over 10 million SCENE card holders can enjoy a free bag of Cineplex's famous, buttery popcorn. To take advantage of this delicious deal, SCENE members can visit any one of Cineplex's 165 theatres across the country and scan their membership card or barcode on the SCENE app at concession.
Cineplex (TSE:CGX) shares have had a really impressive month, gaining 40%, after some slippage. The full year gain of...
Cineworld said on Monday the deal, which values Cineplex at $2.1 billion including debt, would involve it seeking $2.3 billion in loans, sending shares of the FTSE-250 member down as much as 9% and erasing early gains. While cinemas rely on big movie releases to generate gains, streaming services like Netflix and Amazon's Prime Video are invading that space with direct to stream movies or releasing movies within a few weeks of their cinema debut. "It (Cineworld) is effectively betting that Hollywood studios will consistently release films we all want to see, and that a recession won't hurt demand for a trip to the flicks," AJ Bell investment director Russ Mould said.
The U.K. group said the combination of Cineplex and Regal--which Cineworld bought last year--will create the leading North American cinema operator. The Cineplex acquisition will add 165 cinemas and 1,695 screens.
LONDON, UK / ACCESSWIRE / December 16, 2019 / Proposed C$2.8bn (US$2.1bn) acquisition of Cineplex Inc. Highlights Cineworld to acquire Cineplex for C$34 per share in cash - acquisition unanimously supported ...
TORONTO , Dec. 16, 2019 /CNW/ - (CGX.TO) – Cineplex Inc., one of Canada's leading entertainment and media companies, today announced that it has entered into a definitive agreement (the 'Arrangement Agreement') with Cineworld Group, plc (LSE: CINE) ('Cineworld Group'). With over 11,200 screensi around the globe, the proposed transaction will create one of the world's largest cinema companies, providing Cineplex with scale and all the benefits associated with a global enterprise. Cineworld Group will acquire all of the issued and outstanding common shares (the 'shares') of Cineplex for $34 per share in cash, representing a premium of 42% to the closing price on the Toronto Stock Exchange (TSX) and a premium of 39% to the volume weighted average share price on the TSX for the 30 days ending December 13, 2019 .
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...
TORONTO , Dec. 12, 2019 /CNW/ - (CGX.TO) – Cineplex, one of Canada's leading entertainment and media companies, today announced plans to open a new Playdium entertainment complex in Brossard, Quebec . Coming soon to Quartier DIX30, the new Playdium will be located next to Cineplex Odeon Brossard Cinemas and VIP and will be the ultimate playground for teens, their friends and families to play without limits.
TORONTO , Dec. 12, 2019 /CNW/ - (CGX.TO) – Cineplex, one of Canada's leading entertainment and media companies, today announced plans to build a new VIP Cinemas at Cineplex Cinemas Forum in Montreal, Quebec . Targeted to open in April 2020 , the new VIP Cinemas will be located on the lower level of the theatre and will offer a luxurious and fully licensed movie-going experience exclusive to Cineplex for adults 18 and over. Once construction is complete, the theatre will be renamed Cineplex Cinemas Forum and VIP.
TORONTO , Dec. 3, 2019 /CNW/ - Tangerine Bank, one of Canada's leading digital banks and Cineplex, one of Canada's leading entertainment and media companies, are coming together to launch 'Tangerine Tuesdays at Cineplex,' a new collaboration that will bring savings to movie-lovers across the country.
TORONTO , Nov. 27, 2019 /CNW/ - (CGX.TO) – Continuing its legacy as a leader in entertainment innovation, today Cineplex announced plans for Junxion, a first-of-its-kind concept that is a movie theatre, dining destination and entertainment complex – all in one place. Offering immersive and shared experiences for movie-lovers and entertainment-seekers alike, Junxion will be the complete night out for guests of all ages, including teens, millennials, their friends and families. Junxion's state-of-the-art cinemas will offer a range of movie-going experiences, including UltraAVX™ and comfortable recliners where guests can have food and drinks delivered right to their seats.
TORONTO , Nov. 18, 2019 /CNW/ - Ian Williams has been named the winner of the 2019 Scotiabank Giller Prize for his novel Reproduction, published by Random House Canada, taking home $100,000 courtesy of Scotiabank. The gala was broadcast live commercial-free presented by Scotia Wealth Management on CBC, CBC Radio One and streamed live on CBCBooks.ca.
It's been a good week for Cineplex Inc. (TSE:CGX) shareholders, because the company has just released its latest...