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Cineworld — parent company of Regal Cinemas — in financial turmoil

Cineworld has been granted access to $785 million dollars in emergency funding to stave off a full collapse. Earlier this week the company filed for a special bankruptcy in America in an effort to restructure $9 billion of debt. Cineworld is the world’s second-largest movie theater chain.

Bloomberg’s Mike Regan joins Here & Now‘s Anthony Brooks for the latest.

This article was originally published on WBUR.org.

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