Cineworld Seeks To Exit Leases With Its Second-Largest Landlord in US Bankruptcy

Cineworld is making progress on finalizing its going forward U.S. real estate portfolio after telling a bankruptcy court that lease negotiations with its second-largest landlord have stalled, leaving it with little choice but to reject 25 leases with Realty Income Corp. before the movie theater operator can exit Chapter 11 bankruptcy next month.

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