Charlotte-based Consolidated Theatres announces they have been sold to Minneapolis-based Mann Theatres, the nation's fourth largest cinema chain behind AMC, Regal and United Artists. The deal is expected to close later this year. (
@WB18 Harkins has now grown to #5 in the nation)
-
The Charlotte Observer
Berkshire Hathaway agrees in principle to acquire struggling electronics store chain Circuit City in hopes of reverse its sagging fortunes.
- The Wall Street Journal
Avril St. Pierre rings the closing bell on behalf of Limited Run at the New York Stock Exchange. The Portland, OR-based media company, specializing in VHS reissues of major Hollywood films for a collector's market, is now listed on the NYSE as LTDR.
- CNBC
By comparion, here are the symbols for the major conglomerates on the NYSE
Saban Metromedia (SBC)
CBS Discovery (CBS)
Disney Enterprises, Inc. (DIS)
TimeWarner (TW)
Peacock (NBC)
Turner Broadcasting System (TBS)
Microsoft (MSFT)
Lionsgate (LGF)
The Jim Henson Company (KRMT)
Bally's Inc. (BALY)