Edwards accepts Anschutz, Oaktree recapitalisation
Edwards Theatres Circuit has agreed to a recapitalisation plan that will see Phillip Anschutz's Anschutz Corp and distressed debt investor Oaktree Capital Management assume a significant percentage of its equity, so that the ailing circuit can emerge from bankruptcy protection. Terms of the proposed transaction were not disclosed.
Continue reading – simply subscribe below
It takes just two minutes and you’ll immediately gain full access to ScreenDaily.com, PLUS Screen International monthly magazine delivered to your door.
Screen International Subscribers:
If you are a Screen International subscriber please sign in with your email address and click submit:
Not a Screen International subscriber?
Sign up today for immediate and complete access to screendaily.com and the monthly Screen International magazine for as little as £19 a month!
Find out more about all the benefits of a subscription to Screen International.
