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First reported by Variety
Lotte Cinema-Megabox merger collapses as JoongAng Group faces financial crisis

Lotte Cinema and Megabox merger collapses after 14 months of negotiations

The long-gestating tie-up would have created Korea's largest theater chain, but talks stalled as Megabox owner JoongAng Group slid into a liquidity crisis.

Read the full article
Patrick Brzeski7d ago4 min readenNews

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