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Carmike buys Sundance Cinemas for $36 million

from Variety

From Oct. 14: Carmike Cinemas will acquire Sundance Cinemas for $36 million in cash, the country's fourth largest theater announced recently. The deal adds 37 screens and five theaters to Carmike's network, including locations in San Francisco, West Hollywood, Houston, Seattle and Madison, Wisconsin. The chain is owned by actor Robert Redford's Sundance Group. more


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