Less than a month after selling most of his Warren Theatres, is Bill Warren starting a new theater company?
A recent corporate filing makes it appear as if Warren is starting a new company, but it’s just a legal maneuver.
He says there were two corporations that had formed a partnership in his west-side Palace Theatre, and it needed to be one entity in order to sell his Wichita theaters to Regal Entertainment Group last month.
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So Warren’s lawyers created Cinemas Associates Holding.
“They had to do some legal gymnastics,” Warren says. “That’s exactly what it amounted to.”