Movie Tavern: Marcus Theatres Cracks 1,000 Screens With Acquisition Of Movie Tavern From Privately Held Southern Theatres

Milwaukee-based exhibitor Marcus Theatres is paying $126 million to acquire Movie Tavern, a theater chain known for fine dining and luxury seating. After the deal, Marcus will remain the No. 4 theater circuit in the U.S. but will exceed 1,000 total screens for the first time, reaching 1,098 screens in 90 locations across 17 states. With 22 locations and 208 screens in nine states, Movie Tavern is based in New Orleans and is part of Southern Theatres, which is owned by...