Redstone To Sell Portion Of National Amusements

  • December 12, 2008
Sumner Redstone's theater chain company, National Amusements Inc., wants to sell 600 movie screens in the U.S. to help restructure the company's $1.6 billion debt, reports AP. The proposed NA sale would include 45 multiplex theaters in the U.S., with 593 screens. National Amusements would keep 28 theaters, with 368 screens, in Massachusetts and New York.

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