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Topic: Regal Now Using Film-Guard
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Mike Colley
Film Handler
Posts: 25
From: Dacula, GA
Registered: Jan 2000
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posted 03-07-2000 09:59 PM
Regal actually is still called Regal. The page regarding the company that acquired Regal refers to a merger between Regal, a company called KKR(I believe that they owned Act III), and Hicks, Muse, Tate, & Furst(at that time the pending owner of UA). These three companies were to merge and operate under the Regal name. From what I heard, when the deal was close to happening Hicks, Muse, Tate, & Furst came back to UA and wanted more out of the deal than they were currently getting. UA decided to go back with Merrill-Lynch, which left Regal and KKR still at the table. Those two companies merged and Mike Campbell was chosen to run the new company. I believe it was at this time that Act III Theatres then ceased to exist as Act III. In hindsight, maybe UA would have been better off to go with the deal, considering their current desperate financial situation.------------------ Mike Colley Regal Cinemas Hollywood 24 Atlanta, GA
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