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OverviewAPI
Cineworld, the UK-based owner of Regal Cinemas, has emerged from Chapter 11 bankruptcy after reducing its debts by $4.53 billion. The company raised $800 million in new equity capital and secured debt financing of $1.71 billion. Cineworld has appointed Ann Sarnoff, the former chair and CEO of Warner Bros, to its board to help develop relationships with film studios and content suppliers. The company has closed 51 of its Regal theaters in the United States.

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