Cineworld, the British cinema operator that owns Regal, has reached out to 30 potential buyers as it pursues a sale of its assets with bids due on Feb. 16, per a bankruptcy filing this week.
Why it matters: The box office is having a strong start to the year buoyed by "Avatar: The Way of Water" and its $2 billion mark — making the theater business more attractive for a buyer than it may have appeared a few months ago.
