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Cinemark To Divest 19 Theaters In $220M Rave Deal

By Kurt Orzeck (May 20, 2013, 6:27 PM EDT) -- The U.S. Department of Justice on Monday said Cinemark Holdings Inc. and its sister company have agreed to divest 19 movie theaters in Kentucky, New Jersey and Texas in order to win the federal agency's approval of Cinemark's $220 million acquisition of Rave Holdings LLC....

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