Merger of Korean Cinema Chains Lotte and Megabox Collapses

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.

Source: https://www.hollywoodreporter.com/business/business-news/korean-cinema-chains-merger-lotte-megabox-collapses-1236635773/