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- Cineworld is looking to sell its remaining US-based Regal locations, it said in a filing this week.
- The company has reached out to 30 potential buyers, including many competitors.
- Locations that have already been closed will not be part of the sale, a Cineworld lawyer told Insider.
If you're worried about your local Regal theater closing, there might be hope.
Cineworld, the owner of Regal Cinemas, said in a court filing on Monday that it has launched a process to "locate a strategic or financial buyer of their assets." Those assets include US-based Regal theater locations.