Rave Cinemas Launches, Buys Assets

Rave Cinemas LLC, a newly-formed acquisition platform backed by TowerBrook Capital Partners and Lambert Media Group, has agreed to buy the business operations and select real estate assets of up to 35 movie theaters from National Amusements Inc. No financial terms were disclosed. It also has acquired four theaters from Rave Reviews Cinemas, a portfolio company of Boston Ventures.

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