Billionaire real estate magnate loses control of historic UK cinema chain

By Yahoo! Finance | Nov 12, 2024 at 08:42 AM EST

Charles Cohen, a US billionaire real estate magnate, has lost control of the UK cinema chain Curzon to Fortress Investment Group due to a legal battle over unpaid debts. The deal included the cinema group's distribution arm and home streaming service, with the terms undisclosed.

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