Why Is Phil Anschutz Seeking to Get Out of Movie Theaters?

By Maureen Farrell

Marla Brose

More than a year after billionaire Phil Anschutz called off the sale of sports and real-estate conglomerate AEG, another corner of his empire — the movie theater chain Regal Entertainment Group — is hitting the block.

Regal surprised Wall Street Monday night when it …read more

Source:: MoneyBeat