Acquisition will enhance movie-going in both cineplexes. (Rochester, Minnesota) - 11/22/06
CineMagic Theatres announced today an agreement with Gus Chafoulias, Chairman of Chafoulias Companies, to acquire the Chateau Theatre on 37th street. The terms of the deal were undisclosed, but it takes effect immediately. We deeply appreciate the loyal patronage the Chateau has enjoyed over the years, said Chafoulias, but now we believe that an experienced exhibitor like CineMagic can best preserve the quality of experience that Rochester has come to expect from the this theatre.