Sale to Cineplex and Landmark Empire Theatres

scotiabank theatre (cineplex) in st. john’s, newfoundland , labrador, formely empitre theatres studio 12

on june 27, 2013, empire company ltd. announced focusing on retail , real estate operations (including sobeys, earlier in month had agreed purchase safeway s canadian operations). end, empire theatres wound down operations , sold or closed of theatres.

the lansdowne location empire theatres announced in 2011 acquired cineplex in 2014 , opened in 2015.

cineplex entertainment purchased 24 theatres approximately c$194 million on october 10, 2013. consisted of empire locations in atlantic canada. on october 22, 2013, empire theatres closed atlantic canada locations after evening shows. atlantic canada theatres sale cineplex completed on october 24, 2013. on october 24 or 25, 2013, theatres reopened cineplex cinemas. deal include 2 former amc locations in ottawa , whitby, these later removed deal due competition bureau concerns. in lieu of kanata location, cineplex later acquired rights empire s planned 10-screen lansdowne park location in ottawa.

landmark cinemas purchased 23 theatres in ontario , western canada c$55 million. minority equity share , management control of theatres, later financed triwest capital partners. on october 29, 2013, empire theatres closed ontario , western canada locations after evening shows , reopened on october 31, 2013 landmark cinemas.on october 30, 2013, empire theatres terminated operations permanently. sale landmark cinemas closed on october 31, 2013.the ottawa 7 theatre run on management contract until december 29, 2013 when closed.

on november 1, 2013, empire company ltd. announced completion of sale of empire theatres cineplex & landmark.