CMX Cinemas To Acquire Cobb Theatres

Published Thursday, October 12, 2017

MIAMIOct. 11, 2017 /PRNewswire/ -- CMX Cinemas, the wholly owned subsidiary of Cinemex, and Cobb Theatres, a highly respected operator of progressive movie theatre brands primarily located in the southeast, today jointly announced a purchase agreement pursuant to which CMX will acquire all of Cobb's 25 existing locations as well as two theatres under development in Florida and Georgia. The purchase represents the on-going strategy of CMX Cinemas to establish a major footprint within the motion picture exhibition industry in the United States. The acquisition will position CMX as the eighth largest movie theatre chain in the United States with 30 currently operating sites and 342 screens.

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