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Asheville, NC

Wednesday Apr 30

Justice Dept. blocks Regal merger

“The divestitures will ensure that moviegoers in the affected areas of Charlotte, Raleigh and Asheville will continue to enjoy the benefits of competition”

The Justice Dept. has moved to block the proposed $210 million merger between Regal Cinemas and Consolidated Theaters, announcing that the deal could not proceed unless both companies divest movie theater ... via Variety

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