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Movie theater operator Cinemark Holdings announces terms

April 9, 2007
CNK

Cinemark Holdings, which operates 392 movie theaters across the U.S. and Latin America, announced the terms of its IPO Monday. The company plans to offer 28 million shares, including 14.1 million from selling shareholders, at an anticipated price range of $17.00 to $19.00. Lehman Brothers, Credit Suisse, Merrill Lynch, and Morgan Stanley are underwriting the deal.