Cineplex Odeon agreed to buy an Atlanta chain.
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Toronto-based Cineplex said its Los Angeles-based affiliate, Plitt Theatres, has agreed to pay about $11 million (Canadian) for Septum Theatre Circuit. Most of Septum’s 48 theater screens are located in the Atlanta area, with 16 more screens currently under construction. Plitt operates 23 screens in the Atlanta market.
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