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Cineplex Odeon Corp.: The troubled Cineplex Odeon...

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From Times Staff and Wire Reports

Cineplex Odeon Corp.: The troubled Cineplex Odeon Corp. announced a net loss of $11.9 million on revenue of $140 million for the first quarter ended March 31. The loss was reduced by a $19-million gain from the sale of the company’s interest in Film House Partnership. Also included as income was a $15-million gain from the sale of the corporation’s residual interest in Universal Studios Florida.

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