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BUSINESS
April 23, 1998 | MARLA MATZER
Following the completion of its purchase of Los Angeles-based Landmark Theatres, Dallas-based Silver Cinemas Inc. has named Bert Manzari president of Landmark. Manzari, a 24-year theater executive, was previously senior vice president and head film buyer for the Landmark art house chain. Former Landmark President Steve Gilula recently left the company. Landmark will continue to be based in Los Angeles. It operates 50 theaters in 10 states.
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BUSINESS
September 24, 2003 | From Associated Press
Dallas Mavericks owner Mark Cuban and a business partner are buying Landmark Theatres' 55 art-house theaters nationwide, sources close to the sale said Tuesday. Cuban and partner Todd Wagner will own equal shares of the Landmark Theatres chain, which has been for sale since 2001, according to one of the sources, both of whom spoke on condition of anonymity. The sources also said Wagner would become Landmark's chief executive, but declined to disclose a sale price.
BUSINESS
October 5, 2000 | From Bloomberg News
Hicks Muse Tate & Furst Inc. and Kohlberg Kravis Roberts Inc. are discussing whether to cut their losses on a $1-billion bet on Regal Cinemas Inc. or up the ante by buying the theater chain's troubled rivals. With Regal bonds selling for 12 cents on the dollar and lenders pushing to get repaid, Hicks Muse co-founder Thomas Hicks said the two buyout firms, among the world's biggest, have deep enough pockets to help revive the business.
NEWS
June 20, 2000 | LESLIE EARNEST, TIMES STAFF WRITER
With box-office receipts fatter than ever and big summer films being released, these should be glory days for the nation's movie theater operators. But peek inside Century Stadium 25 in Orange. In one mega-plex on a recent Tuesday evening, Tom Cruise fights, shoots and grins his way across a movie screen as the blockbuster "Mission: Impossible 2" plays to a completely empty hall of 137 seats.
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