19 February 2013 8:09 AM, PST | The Wrap | See recent The Wrap news »

Regal Entertainment Group, already the largest theatrical exhibitor in the United States, is about to get even bigger: The company announced Tuesday that it has entered into an agreement to acquire Hollywood Theaters in a deal worth more than $238 million. In return, Regal will add 43 theaters with 513 screens to its portfolio. Regal currently boasts 6,880 screens in 540 locations. The company will pay $191 million in cash and about $47 million of assumed lease obligations from Hollywood Theaters. The cash portion of the purchase price includes repayment of about »

- Brent Lang

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