Theater Chain for Sale

Summary


ST. LOUIS - Nearly 100 years after Fred Wehrenberg opened the first theater in St. Louis designed specifically for motion pictures, his company - said to be the oldest and largest family- owned theater chain in America - is shopping for a potential buyer.

Executives of Des Peres, Mo.-based Wehrenberg Theatres, which operates 10 theater complexes in the St. Louis area and five more throughout the Midwest, told more than 800 employees last month that it's exploring a possible sale of its theater operations.

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Extract


Theater Chain for Sale

"The industry is consolidating, and the investment required t...

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