Why RealD is For Sale and Who Would Want to Buy It

Following a disappointing Q3 RealD has revealed that it has appointed investment banker Moelis & Co. to “explore a full range of strategic alternatives available to the Company”, which as Bloomberg notes is “language that typically means a company is seeking a…

Daily Cinema Digest – Tuesday 4 November 2014

RealD has rebuffed the takeover offer from hedge fund Starboard Value, having posted better-than-expected quarterly financial figures. The company says that its board has “unanimously determined not to pursue” a $600 million unsolicited offer from Jeffrey Smith’s activist hedge fund…

Daily Cinema Digest – Friday 3 October 2014

RealD shares debuted at USD $16 when the company first went public but are now languishing at less than ten dollars, so this unsolicited take-over bid should not come as a surprise. RealD Inc. (RLD), the supplier of 3-D technology…

Daily Cinema Digest – Wednesday 7 May 2014

Cinema attendance is up in the first four month in France. Let’s hope this is the start of a Europe-wide trend. April 2014, the attendance of cinemas rose +15.4% vs. the same period in 2013, to 19.13 million entries, according…

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