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Cineplex Names Bill Walker CEO, Launches Strategic Review

By Drooid · · How we work

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Story summary
  • Cineplex named Bill Walker chief executive and launched a strategic review that could consider a sale.
  • Founder Ellis Jacob will retire and serve as special adviser to the board.
  • Board chair Phyllis Yaffe said the review aims to maximize shareholder returns.
  • Goldman Sachs and TD Securities were hired as co-financial advisors for the process.