Regal Entertainment Decides Against Sale Of Company

(RTTNews) - Movie theaters operator Regal Entertainment Group (RGC) said Thursday that its Board, in the course of its examination of strategic alternatives and with the advice of Morgan Stanley & Co. LLC after a thorough market review, has determined that a sale of the company would not be in the best interest of its shareholders at this time.

The company said its board remains committed to evaluating any alternatives that would enhance shareholder value but that it does not plan to make additional comments on those alternatives unless it becomes appropriate.