YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
The St. Louis-based theater chain informed its approximately 800 employees in November of its plans, according to the journal; UBS Investment Bank is leading the search.
Wehrenberg would likely sell for about $30 million, private investment banking firm The Douglas Group told the journal. The company has received offers in the past and is considering a sale because the theater industry is consolidating, the journal reports.
The 102-year-old chain, owned by the Krueger family, operates Campbell 16 Cine in Springfield, in addition to other theaters in Missouri, Illinois, Iowa and Minnesota.
St. Louis Business Journal is not affiliated with Springfield Business Journal.
This installment of Springfield Business Journal’s Architects & Engineers Project Report showcases 26 endeavors by area design and engineering professionals.
Longtime employee sues Ozarks Tech, alleges retaliation
Cavender’s opens hat shop in southeast Springfield
Eric Schmitt introduces Modern Skies Act
Caterpillar to acquire John Fabick Tractor Co.
Springfield airport to cut the ribbon on $35M in construction projects
Legacy Bank accused in lawsuit of failing to protect customers in data breach