Canada’s second-largest chain of movie theatres is being bought by a Belgian firm for about $123 million.
Calgary-based Landmark Cinemas says a deal to be purchased by Kinepolis Group of Ghent, Belgium, is expected to close by the end of the year, pending various approvals.
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Landmark, founded in 1965, operates 44 cinemas and a total of 303 screens in Ontario, Western Canada and the Yukon.
That includes the Landmark 8 on Wellington Road.
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