Alamo Drafthouse Cinemas Files for Bankruptcy, Seeks Buyer
AUSTIN, Texas—Alamo Drafthouse Cinemas, a Texas-based dine-in theater chain, said Wednesday that it has filed for bankruptcy due to financial woes during the pandemic. The company plans to find a buyer during its Chapter 11 bankruptcy, which allows it to continue operating while its managers and advisers work on repaying creditors. “The transaction will provide
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