Alamo Drafthouse has emerged from bankruptcy and is opening five new theaters, the chain announced Tuesday as the box office roars back to life.“As the country moves forward following the unprecedented 2020 pandemic and moviegoers are returning to theaters, Alamo Drafthouse Cinema is excited to announce its continued emergence and growth with the announcement of five new theaters opening this year and next,” the company saidIt closes out its bankruptcy with the completion of the sale to Altamont Capital Partners, funds managed by affiliates of Fortress Investment Group and Alamo Drafthouse founder Tim League.
The news follows the circuit’s biggest box office weekend since the pandemic began, including a stellar return of the Los Angeles
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