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British cinema chain mulls US bankruptcy filing
British cinema chain mulls US bankruptcy filing
Business and Economy
by  AFP

British-based cinema chain Cineworld confirmed Monday that a US bankruptcy filing is among options for the debt-laden group, which has been slammed by dwindling audience numbers. Cineworld said in an update on Monday that those options "include a possible voluntary Chapter 11 filing in the United States and associated ancillary proceedings in other jurisdictions".