Prologue Journal

Understanding current events through the lenses of the past and future.

IMAX Moves to Buy China Subsidiary

prologu5
07/12/202307/13/2023

Wall Street Journal

IMAX said it has filed an offer to acquire its Hong Kong-based subsidiary for $124 million in cash in an attempt to benefit from growth opportunities in China.

https://www.wsj.com/articles/imax-moves-to-buy-china-subsidiary-in-push-to-grow-giant-asian-market-1118a23e