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TOPIC: Cinemark selling?

Cinemark selling? 04 Oct 2001 12:48 #2076

Has anyone heard about Cinemark selling any of their theatres? A friend told me that Cinemark was going to announce a bankruptcy soon (but I have been hearing this since late last year). Has anyone heard anything about this?
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Re: Cinemark selling? 04 Oct 2001 17:45 #2077

They are prob selling of older locations like the others. However I too have been hearing grumblings of bankruptcy since the terrible year they really had last year even though they reported remarkable Income on thier press reports. They owe a remarkable amount of debt. My souces say they came close to filing last year but squeaked by. So I do not doubt that it is coming soon.
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