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Cineworld Group - Competition Commission provisional findings, broker reaction

By Steve Moore | Wednesday 21 August 2013


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


The Competition Commission yesterday announced that Cineworld Group (CINE) could have to sell three cinemas after provisionally concluding that its acquisition of the Picturehouse chain may lead to a substantial lessening of competition in Aberdeen, Bury St Edmunds and Cambridge. The following updates, together with broker reaction to the news…



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