The Alamo Drafthouse, as part of its financial maneuvers, will sell off its assets to Altamont Capital Partners as part of its Chapter 11 bankruptcy filing, according to a report in Variety. The trade notes that the sale will include “substantially all of its assets,” though it notes that Alamo Drafthouse founder Tim League will stay on and stay active with the company.
CinemaBlend Latest Content – Another Major Theater Chain Just Filed For Bankruptcy, But It’s Not All Bad News
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March 3, 2021