Variety… The proposed merger between Lotte Cinema and Megabox, which would have created South Korea’s largest theatrical exhibitor, has officially collapsed after roughly 14 months of negotiations, with the deal ultimately undone by a financial crisis eng…
Category: Megabox
Deadline… South Korea’s second and third largest cinema chains, Lotte Cinema and Megabox, have called off their proposed merger. Lotte Shopping revealed in a corporate filing on Wednesday that the memorandum of understanding signed with Megabox parent company Co…