Quadrangle Group Exits Cinemark
The Quadrangle Group has sold its remaining 2.33 million shares in Cinemark Holdings Inc. (NYSE: CNK), a Plano, Texas-based movie theater chain, via a secondary public offering. The shares were sold at $12.85 each, or approximately $30 million. Barclays Capital served as underwriter. Cinemark went public in 2007 at $19 per share.
7 December 2009•3 mins read
